Lyndon Rive

Lyndon Rive (* in South Africa) with his brother Peter Rive and his cousin Elon Musk one of the three founders and now the CEO of the California solar power service provider Leister Solar City. The company, which had started in 2006 with two employees, employed in September 2013 approximately 3,500 people and had in 14 U.S. States 68,000 customers where they had installed solar systems.

Career

Lyndon Rive had already been established in South Africa as a student with 17 years of sales a homeopathic medication.

Wealthy but he was in the U.S. with the construction and sale of belated IT company Ever Dream. These operated with his two brothers, Peter and Russell Rive company developed a software that can be managed with the existing networks of tens of thousands of computers. The brothers sold the company in 2006 to Dell.

After the sale, when Lyndon and Peter Rive with Elon Musk, the Burning Man festival visited, he suggested them to set up a solar energy company. He held the brothers who had been unable to link thousands of computers, suitable for ideal to install solar panels on tens of thousands and then hundreds of thousands of roofs and for that to organize the logistics, contract business, finance and the integration into the power grid. Since Lyndon Rive wanted to get involved in environmental protection, he took up the suggestion.

Funding for the establishment of Solar City in 2006 took over Elon Musk with 10 million dollars, while Lyndon and Peter Rive built up within the business and initiated.

Lyndon Rive now has $ 200 million equity and 1.6 billion of bonds funds raised from investors, with which the massive investment to the solar systems and the productive apparatus of the company. Investors include Bank of America, Merrill Lynch, Google, PG & E Corporation and U.S. Bancorp

Private life

The (2013 ) 36-year old Lyndon Rive is married to Madeleine Rive and the couple have two sons. He liked to play underwater hockey. Lyndon Rive became a member of the U.S. National Underwater Hockey team.

Swell

  • Ronald D. White: SolarCity CEO Lyndon Rive built on a bright idea. Los Angeles Times of 13 September 2013, accessed on 1 January 2014

Itemization

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