Jared Birchall
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Jared John Birchall (born 1974) is an American business executive and a former banker. He is the chief executive officer of neurotechnology company Neuralink and the wealth manager of billionaire entrepreneur Elon Musk since 2016. As an adviser and right-hand man for Musk, Birchall holds executive or administrative positions in other endeavors of his including the
Boring Company The Boring Company (TBC) is an American infrastructure and tunnel construction services company founded by Elon Musk. Its ongoing and proposed projects are designed for intra-city ("loop") transit systems. After six years TBC has completed one ...
, Musk Foundation, xAI, and managing his family office.


Early life and education

Jared John Birchall was born in 1974 in
Modesto, California Modesto () is the county seat and largest city of Stanislaus County, California, United States. With a population of 218,464 at the 2020 census, it is the 19th largest city in the state of California and forms part of the Sacramento-Stockton- ...
. As one of 11 children, his family toured California as part of a musical group called "The Birchall Family Singers". He earned an Eagle Scout rank in his youth. He entered the Brigham Young University in
Provo, Utah Provo ( ) is the fourth-largest city in Utah, United States. It is south of Salt Lake City along the Wasatch Front. Provo is the largest city and county seat of Utah County and is home to Brigham Young University (BYU). Provo lies between the ...
in 1992 and graduated in 1999 with a Bachelor of Arts degree. Before graduating, he also spent two years as a missionary.


Career


1999–2016: Investment banks

He started his career in finance at
Goldman Sachs Goldman Sachs () is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered at 200 West Street in Lower Manhattan, with regional headquarters in London, Warsaw, Bangalore, H ...
in New York City as a financial analyst in 1999. The next year, he moved to Los Angeles to work at Merrill Lynch & Co. as a
private wealth Wealth management (WM) or wealth management advisory (WMA) is an investment advisory service that provides financial management and wealth advisory services to a wide array of clients ranging from affluent to high-net-worth (HNW) and ultra-high- ...
adviser. According to Financial Industry Regulatory Authority records, he was terminated in 2010 for "sending correspondence to a client without management approval". Between 2010 and 2016, he was the senior vice president of private banking at Morgan Stanley.


2016–present: Working for Elon Musk

Birchall got acquainted with business magnate Elon Musk during his tenure at Morgan Stanley when as a client adviser he was involved in arranging nine-figure amount in bank loans at a time when Musk was low on funds. Musk hired him out of Morgan Stanley in 2016 to set up and manage his family office—Excession LLC. When neurotechnology company Neuralink was founded by Musk in 2016, corporate filings listed Birchall as its chief executive, chief financial officer and president. According to Bloomberg News, he is not involved in daily operations of the company and that his name was listed on the filings for legal convenience. In 2018, Birchall was named as a director and executive of
Boring Company The Boring Company (TBC) is an American infrastructure and tunnel construction services company founded by Elon Musk. Its ongoing and proposed projects are designed for intra-city ("loop") transit systems. After six years TBC has completed one ...
—a tunnel construction services company also founded by Musk. He is also a member of the board for Musk's philanthropic foundation and Ad Astra—a Texas-based online experimental school founded by Musk for the children of
SpaceX Space Exploration Technologies Corp. (SpaceX) is an American spacecraft manufacturer, launcher, and a satellite communications corporation headquartered in Hawthorne, California. It was founded in 2002 by Elon Musk with the stated goal of ...
employees, including his kids. Dubbed as Musk's personal fixer and right-hand man, Birchall has also been tasked with managing itinerary, hiring bodyguards, and selling homes for Musk. ''
Slate Slate is a fine-grained, foliated, homogeneous metamorphic rock derived from an original shale-type sedimentary rock composed of clay or volcanic ash through low-grade regional metamorphism. It is the finest grained foliated metamorphic rock. ...
'' reported in 2018 that he was CEO of Foundation Security—a detective and armored car services company. During that year, in the lead up to a defamation case against Musk by a British caver following the Tham Luang cave rescue, Birchall paid over $50,000 of Musk's funds to hire a private investigator, who turned out to be a convicted fraud, to dig up dirt on the caver. He stated in court deposition he had an "instinct to protect Musk". In 2021, Birchall opposed the idea of having Igor Kurganov—a professional poker player without financial background and an advocate for
effective altruism Effective altruism is a philosophical and social movement that advocates "using evidence and reason to figure out how to benefit others as much as possible, and taking action on that basis". People who pursue the goals of effective altruism, c ...
who quickly become close to Musk during the COVID-19 pandemic and entrusted with co-managing the foundation—handling charity requests. Musk let go of Kurganov the following year when Birchall reported that Kurganov drew
Federal Bureau of Investigation The Federal Bureau of Investigation (FBI) is the domestic intelligence and security service of the United States and its principal federal law enforcement agency. Operating under the jurisdiction of the United States Department of Justice, t ...
's attention over foreign interference concerns. He joined the board of the Dogecoin Foundation—a nonprofit that advocates the Dogecoin ecosystem—as legal and financial adviser in August 2021. In a July 2023 court filing, Birchall declared that he exclusively manages Musk's
cryptocurrency A cryptocurrency, crypto-currency, or crypto is a digital currency designed to work as a medium of exchange through a computer network that is not reliant on any central authority, such as a government or bank, to uphold or maintain it. It i ...
trades. He played a critical role in Musk's acquisition of Twitter in 2022. He was heavily involved in the buyout negotiations and was in charge of dealing with the big banks to arrange multi-billion dollar loans that were key to closing the deal before a court-imposed deadline, which otherwise would have forced a trial. As Twitter underwent massive cost-cutting under Musk, Birchall was responsible for strategizing layoffs and approving expenditures for services. Birchall incorporated Musk's artificial intelligence company xAI in 2023, where he is listed as secretary of the company.


Personal life

Birchall is married and has five children. He is a practicing Latter-day Saint. He moved to Austin, Texas in 2020 where he lives in a $2.25 million home with his family. Prior to relocation, he lived in Stevenson Ranch, California where he was a counselor to the local church's bishop.


See also

*
Frank William Gay Frank William Gay (September 11, 1920 – May 21, 2007) was an American executive who oversaw several entities for Howard Hughes. He was chairman of the board of directors of the Hughes Air Corporation. He served as a senior vice president a ...
, an LDS member who was a corporate aide to Howard Hughes *
Alex Spiro Alexander Benjamin Spiro (born ) is an American attorney. He is a partner at the New York office of Quinn Emanuel Urquhart & Sullivan. Early life and education Spiro was born in New York and grew up in Boston. He is the eldest of four children ...
, an attorney who is considered to be among Elon Musk's inner circle


References

{{DEFAULTSORT:Birchall, Jared 1974 births 21st-century American businesspeople American chief executives American Latter Day Saints Brigham Young University alumni Businesspeople from Austin, Texas Goldman Sachs people Living people Morgan Stanley employees Merrill (company) people People from Modesto, California