Elon Musk became worlds richest person except Jeff Bezos
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| Elon Musk overtook Bill Gates in November 2020 to become the second richest person in the world. At that time, his total assets were approximately $ 128 billion. Since then, his wealth has seen steady growth and recently Tesla’s market cap has also increased. |
Elon Musk, who is the CEO of SpaceX and Tesla, has total assets of $ 188.5 billion, which is $ 1.5 billion more than Bezos. 49-year-old Elon Musk reportedly benefited from Tesla’s stratospheric rise in more ways than one.
The increase in electric car marker’s share prices boosted Elon Musk‘s wealth, helping him overtake Bezos, who is also his rival in the private space race as Jeff Bezos, a privately funded aerospace manufacturer, Blue Owners of Origin LLC.
The fate of Elon Musk was the most dramatic change last year, as he added more than $ 165 billion to his wealth last year, one of the fastest wealth creation efforts in history. His wealth was boosted by an unprecedented jump in Tesla’s stock price, which rose nearly 743 percent last year due to continued profits.
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