Tesla CEO, Elon Musk overtakes Jeff Bezos to become the richest person in the world

Share to friends

Elon Musk is now the richest person in the world, thanks to a surge in his electrical automotive firm’s share value

With a internet value of $190 billion as of Thursday January 7, the Tesla CEO has pushed Jeff Bezos to a second place. Bezos had been on the high spot since 2017. He is presently value about $184 billion.

“How strange. Well, back to work …” Musk tweeted



The 49-year-old South Africa-born billionaire has witnessed an amazing enhance in the share value of his electrical automotive firm, TESLA, the previous 12 months

TESLA hit a market worth of $737.6bn (£516bn) for the first time on Wednesday. The share value hit a file $810 per share.

TESLA firm was chosen two months in the past to be part of the S&P 500 – a membership solely accessible to US corporations with at the very least $8.2billion market capitalization. To be part of the S&P 500, an organization should even be liquid and at the very least half of its shares should be accessible to the public, and the firm should report 4 straight quarters of revenue.

READ ALSO  Florida man serving 90yrs in prison for nonviolent marijuana crime released after 31 years. Wife, son, mother and father, died while he was in prison


Musk overtook Bill Gates in November to become the second-richest person in the world. With only a internet value of about $7.2 billion early final 12 months, Elon Musk gained extra wealth over the previous 12 months than Bill Gates’ total internet value of $132 billion.


Elon Musk noticed his private wealth rose to greater than $150 billion late 2020, in massive half as a result of he has extra possession curiosity in Tesla inventory, about 20 % of the firm.