ELON MUSK PASSES AMAZON FOUNDER JEFF BEZOS TO BECOME THE RICHEST MAN IN THE WORLD
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CURRENT RICHEST MAN IN THE WORLD
ELON MUSK
Tesla CEO Elon Musk passed Amazon’s Jeff Bezos to become the richest man in the world on Thursday.Getty Images
Happy New Year, Elon Musk.
The Tesla TSLAand SpaceX founder passed Amazon’s AMZNJeff Bezos on the Bloomberg Billionaires Index to become the richest person in the world on Thursday morning, Bloomberg reported, as a 4.8% rise in Telsa shares pushed Musk’s fortune to $188.5 billion at 10:15 a.m. Eastern, which was $1.5 billion more than Bezos’s $187 billion.
How did Musk, 49, respond to the news that he passed one of his top rivals and became the wealthiest in the world?
“How strange,” he tweeted. “Well, back to work…”
Indeed, the outspoken entrepreneur has been on quite a ride over the past year as his net worth has skyrocketed by more than $150 billion in what might be the fastest rise in wealth creation in history.
A year ago, Musk was worth about $27 billion, and barely cracked Bloomberg’s list of the 50 richest people. But Tesla saw its shares spike more than 700% last year, and the company joined the S&P 500 in December following five quarters of positive earnings.
Bloomberg notes that Bezos, who had been the world’s richest person since 2017, would still hold a sizable lead over Musk if it weren’t for his divorce from MacKenzie Scott in 2019, which gave his ex-wife 25% of his Amazon stake. What’s more, Bezos also donated Amazon shares worth about $680 million in November.
Tesla CEO Elon Musk passed Amazon’s Jeff Bezos to become the richest man in the world on Thursday.Getty Images
Happy New Year, Elon Musk.
The Tesla TSLAand SpaceX founder passed Amazon’s AMZNJeff Bezos on the Bloomberg Billionaires Index to become the richest person in the world on Thursday morning, Bloomberg reported, as a 4.8% rise in Telsa shares pushed Musk’s fortune to $188.5 billion at 10:15 a.m. Eastern, which was $1.5 billion more than Bezos’s $187 billion.
How did Musk, 49, respond to the news that he passed one of his top rivals and became the wealthiest in the world?
“How strange,” he tweeted. “Well, back to work…”
Indeed, the outspoken entrepreneur has been on quite a ride over the past year as his net worth has skyrocketed by more than $150 billion in what might be the fastest rise in wealth creation in history.
A year ago, Musk was worth about $27 billion, and barely cracked Bloomberg’s list of the 50 richest people. But Tesla saw its shares spike more than 700% last year, and the company joined the S&P 500 in December following five quarters of positive earnings.
Bloomberg notes that Bezos, who had been the world’s richest person since 2017, would still hold a sizable lead over Musk if it weren’t for his divorce from MacKenzie Scott in 2019, which gave his ex-wife 25% of his Amazon stake. What’s more, Bezos also donated Amazon shares worth about $680 million in November.
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