Lyndon Rive

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Lyndon Rive (2015)

Lyndon Rive (* in South Africa ) is with his brother Peter Rive and his cousin Elon Musk one of the three founders and today the CEO of the Californian solar power service provider SolarCity . The company, which started in 2006 with two employees, employed around 3,500 people in September 2013 and had 68,000 customers in 14 US states with whom it had installed solar systems.

Career

Lyndon Rive had already built up a sales department for homeopathic medicines in South Africa when he was 17 years old .

But he became wealthy in the USA with the development and later sale of the IT company Everdream . These operated with his two brothers Peter and Russell Rive company developed a software with which consists of tens of thousands of computers networks can be managed. The brothers sold the company to Dell in 2006 .

After the sale, when Lyndon and Peter Rive attended the Burning Man festival with Elon Musk , the latter suggested they start a solar company. He thought the brothers, who had been able to network thousands of computers, were ideally suited to installing solar systems on tens of thousands and later hundreds of thousands of roofs and organizing the logistics , contract business, financing and integration into the power grid . Since Lyndon Rive wanted to get involved in environmental protection , he took up the suggestion.

Funding for the founding of SolarCity in 2006 was provided by Elon Musk for $ 10 million, while Lyndon and Peter Rive built and ran the business.

Lyndon Rive has now raised $ 200 million in equity and $ 1.6 billion in bond funds from investors to fund the company's massive investments in solar and manufacturing equipment. Investors include Bank of America , Merrill Lynch , Google , Pacific Gas and Electric, and US Bancorp .

Private life

The (2013) 36 year old Lyndon Rive is married to Madeleine Rive and has two sons with her. He liked to play underwater hockey . Lyndon Rive became a member of the US National Underwater Hockey Team.

swell

Web links

Individual evidence

  1. ↑ http://www.sec.gov/Archives/edgar/data/1408356/0001288257-13-000042.txt
  2. ↑ Elon Musk in conversation with Alison van Diggelen. In: You . 839 - September 2013, p. 19.
  3. ^ Matt Marshall: Musk leads $ 10M investment in SolarCity - to provide solar for all. On venturebeat.com, September 15, 2006; accessed on January 1, 2014
  4. ↑ http://www.solarcity.com/media-center/management-team.aspx
  5. ↑ Ronald D. White: SolarCity CEO Lyndon Rive built on a bright idea. In: Los Angeles Times . dated September 13, 2013; accessed on January 1, 2014.
  6. ↑ http://www.crunchbase.com/person/lyndon-rive
personal data
SURNAME Rive, Lyndon
ALTERNATIVE NAMES Rive, Lyndon R.
BRIEF DESCRIPTION American serial entrepreneur and solar pioneer
DATE OF BIRTH 20th century
PLACE OF BIRTH South Africa