Elon Musk
January 7, 2021
Elon Musk is now the world’s richest man
Elon Musk is the richest man in the world.
The Tesla and SpaceX entrepreneur wealth
surpassed that of Amazon co-founder Jeff Bezos today, according to the
Bloomberg Billionaires Index, which puts his net worth at US$188.5 billion.
Musk’s value is US $1.5 billion ahead of
Bezos, who held the top spot since October 2017.
The South African engineer achieved the feat
as Tesla, the electric carmaker, saw its shares rally 4.8 per cent today,
putting him ahead of his perennial rival.
Musk has seen his wealth balloon almost
US$150 billion over the past year, as the value of his 170 million shares in
Tesla jumped 743 per cent.
Bezos’s wealth also increased by US$75
billion as the e-commerce site’s saw an enormous increase in sales during the
pandemic.
Jeff Bezos (Photo: cnbc.com)
