Tesla’s stock price reached an all-time high of $1750 a share, and a company valuation of over $325 billion. Elon Musk became the Richest Man in the World - After Tesla's share price surged by 7.9%, Elon Musk's net worth is $195 Billion. We want to hear from you. Elon Musk has become the wealthiest person on the planet. How Elon Musk became the richest man in the world Elon Musk’s networth rose to over $185 BILLION on Thursday, surpassing that of Amazon CEO Jeff Bezos. But in 2020, Musk’s net worth grew to more than $ 194.8 billion. His reinvestment strategy played a major role in driving Tesla shares to a whopping 740% increase in 2020. Elon Musk takes the top spot for the richest man in the world. Fast-forwarding to 2020, it is now the most valuable automaker in the world. At the start of the year 2020, his net worth was just $30 billion. Elon Musk just became the richest person in the world, with a net worth of more than $185 billion, according to CNBC calculations. Amassing a total wealth of USD$194.8 billion thanks to his shares in Tesla, Musk has shot past Amazon owner Jeff Bezos by a bit over $9.5 billion to become the world’s richest person. Tesla's shares closed Thursday at $816.04, up nearly 8%. He is the CEO of two companies, Tesla The company's market value has grown to more than $760 billion. Soho ... Easy to the be the richest man in the world when your corporation doesn’t pay taxes and your accountants can write off just about everything you do or own. I am a New York-based reporter covering billionaires and their wealth for Forbes. His net worth has skyrocketed to $187 billion. Companies Recovering From COVID-Induced Distress Offer Promise, Most Explanations For Thursday's Bizarro Market Are Stocks-Negative, The Unexpected Psychological Benefits Of Short-Term Fasting. Musk’s net worth has grown at an astonishing rate over the last year, rising more than $150 billion since March 2020, when he was worth $24.6 billion. 1 spot on Forbes' list of the world's richest people while Tesla CEO Elon Musk rocketed to No. world’s richest or second-richest man, depending on the day—had a sideline in rapid transit. Bezos’ fortune has also continued to grow, though not as fast: He’s up from $113 billion in March 2020. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Someone to rise out of the ashes of 2020 is Elon Musk, who is now reportedly the richest person on the planet. This is how he responded to the news: Well, back to work …. I loved all of the National Treasure jokes & memes! Got a confidential news tip? JUST WATCHED Watch a young Elon Musk … Musk is now worth $182.9 billion, which again makes him the wealthiest person on the planet, according to Forbes’ estimates. While the numbers themselves are astronomical, it was even more significant because this meant that Elon Musk had now become the wealthiest human being on the planet – a title that he now held for the first time. Musk started 2020 worth about $27 billion, and was barely in the top 50 richest people. The Tesla and SpaceX entrepreneur Elon Musk has become the world's richest person, as his net worth crossed $194.8bn. Musk was featured on the top of Bloomberg Billionaire Index, a list of top 500 richest people in the world, on 7 January 2021. Bloomberg reported that Musk obtained more than $9.5 billion more than Bezos in 2020. He achieves this by surpassing Amazon CEO Jeff Bezos with a net worth of $188.5 Billion USD. He surpassed Jeff Bezos, CEO of Amazon, on 7th of January, who is currently worth $184 billion. Elon Musk is the richest man in the world Russia will develop a super-heavy rocket that can deliver 27 tons of cargo to the orbit of the moon Elon Musk is sleeping in … He owns over 20% of Tesla stocks. The 6 per cent increase shows Musk’s stock holdings … His His Boring Co. is developing a point-to-point travel system that … Is it so strange to believe that it was almost inevitable that Elon Musk would become so wealthy? Tesla billionaire Elon Musk is the richest person in the world once again, overtaking Jeff Bezos as shares of Amazon fell on Thursday. Musk has gained more wealth over the past 12 months than Gates' entire net worth of $132 billion. I am a New York-based reporter covering billionaires and their wealth for Forbes. Palihapitiya on Musk: The world's richest person should be somebody who's fighting climate change, Elon Musk says he tried to sell Tesla to Apple in 2018. Elon Musk just became the world's richest person, nudging fellow space tycoon Jeff Bezos from the top spot. Elon Musk is now the richest man in the world, overtaking Jeff Bezos. Elon Musk, the CEO of Tesla Motors and SpaceX, recently became the richest person in the world. The two billionaires have spent much of the last week competing for the title of wealthiest person on the planet. 1 on Bloomberg Billionaires Index. This makes the self-styled celebrity the world’s richest man, surpassing Amazon’s infamous Jeff Bezos. Just 17 years ago, however, Tesla was nothing more than a daring ambition. AB says: January 8, 2021 at 8:22 pm. — Elon Musk … On July 13, 2020 CEO of Tesla Elon Musk became the world’s seventh-richest man. Tesla's rocketing share price — which has increased more than ninefold over the past year — and his generous pay package have added more than $150 billion to his net worth. Musk's wealth surge over the past year marks the fastest rise to the top of the rich list in history — and marks a dramatic financial turnaround for the famed entrepreneur. Elon Musk, the world's richest man, is about to get a whole lot richer. Elon originally grew up in South Africa and suffered a childhood peppered with physical abuse … Elon Musk became the world’s richest man overtaking Jeff Bezos in the first week of January 2021. Elon Musk just became the richest person in the world, with a net worth of more than $185 billion. Recently Tesla’s stock rose by almost 5% per cent, pushing Musk’s net worth up to $183.8 billion. World’s richest man, Elon Musk says Ethereum and Bitcoin is looking expensive Elon Musk recently disclosed that the price of the leading two cryptos seems to be in overbought territory. Business Insider reports that Elon Musk is now the richest man in the world. By Chris Isidore, CNN Business. Jeff Bezos is currently the richest man in the world. Edit of Jack Ma and Elon Musk at the World Artificial Intelligence Conference Elon Musk is the richest man in the world with a net worth of $182. Previously, I worked on the breaking news team at Forbes covering money and markets. Follow me on Twitter @skleb1234 or email me at sklebnikov@forbes.com, © 2021 Forbes Media LLC. In November, Musk raced past Bill Gates to become the second-richest person. I graduated from the University of St Andrews in 2018, majoring in International Relations and Modern History. Amazon CEO Jeff Bezos held onto his No. Get this delivered to your inbox, and more info about our products and services. Thursday's increase in Tesla's share price pushed Musk past Jeff Bezos, who had been the richest person since 2017 and is currently worth about $184 billion. Musk is now worth $188 billion. Elon Musk just became the richest person in the world, with a net worth of more than $185 billion, according to CNBC calculations. The SpaceX founder and CEO is now worth more than $185 billion, thanks in … Bloomberg Index reported that Jeff Bezos had been the richest person in the world since 2017. © 2021 CNBC LLC. 2. For Musk’s cult of free-market fanboys this simply proves his genius – a fair reward for the world’s most brilliant inventor. Despite the Bloomberg Billionaires Index listing Musk to be in the top one position, Forbes Billionaire calculation states Musk overtook the first position and has again had a sink of 8%, taking the second spot yet again. Data is a real-time snapshot *Data is delayed at least 15 minutes. All Rights Reserved, This is a BETA experience. Business Insider reports that Elon Musk is now the richest man in the world. His net worth has skyrocketed to $187 billion. The list had him within $3 billion of Bezos' net worth on Wednesday. Elon Musk Reacts to News that He’s the Richest Person in the World by Ryan Glasspiegel 3 months ago updated 3 months ago 4 With Tesla stock over $800 a share and a market cap (total value) of $864 billion, Elon Musk has now surpassed Jeff Bezos as the richest person in the world. Tesla billionaire Elon Musk reclaimed the top spot on Thursday, as he and Jeff Bezos continue to ... [+] trade places. You may opt-out by, The Leukemia & Lymphoma Society BrandVoice, BofA Says Chance Of Global Corporate Minimum Tax Hit Is Rising—Thanks To Biden. Amazon founder Jeff Bezos is no longer the richest man in the world, after Tesla CEO Elon Musk's fortune rose to $188.5 billion, $1.5 billion more than Bezos. The NASA announcement added to an extraordinary run for Musk, who is one of the world’s richest people thanks to his 22% stake in electric car maker Tesla Inc. Amazon's share price has remained more subdued due to the potential for increased regulation from Washington. Just six days into the new year, Elon Musk became the world’s richest person in 2021 His personal fortune is $188 billion, up 548% from one year ago Tesla shares are up 1,030% since the market bottom in 2020 Elon Musk’s rocketing net worth may be the fastest accumulation of wealth in history
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