Bloomberg News reported on Thursday that the world’s richest man now Tesla Inc. chief and billionaire entrepreneur Elon Musk overtakes Amazon.com Inc.’s top boss Jeff Bezos .
According to the report, Musk’s total assets were $ 188.5 billion, $ 1.5 billion more than Bezos, with Tesla shares rising Thursday. According to the news on the Bloomberg Billionaires Index, a ranking of the world’s 500 wealthiest people.
Elon Musk, the outspoken entrepreneur behind Tesla Inc. and SpaceX, is now the richest person on the planet.
The South African-born engineer had a net worth of $ 188.5 billion at 10:15 am 07.01.2021 in New York, $ 1.5 billion more than Bezos, which has held the top spot since October 2017. Space Exploration Technologies Corp., or as the CEO of SpaceX. Musk also rivals Bezos, owner of Blue Origin LLC, in the private space race.
The milestone for Musk is an extraordinary 12 months. Their total wealth has exceeded $ 150 billion in the last one year, possibly the fastest run of wealth creation in history. Tesla’s unprecedented rise in stock price was an unprecedented rally, similar to the 743% increase in 7 consecutive profits last year, joining the S&P 500 index, and the enthusiasm of Wall Street and retail investors.
Bezos would still have a broad lead over Musk were it not for his divorce that saw him share a quarter of his Amazon stake for his ex-wife McKenzie Scott and his philanthropy. He donated approximately $ 680 million worth of shares in November.
Sources: https://www.bloomberg.com/