General Elon Musk is now the richest person in the world, passing Jeff Bezos

tom_mai78101

The Helper Connoisseur / Ex-MineCraft Host
Staff member
Elon Musk just became the richest person in the world, with a net worth of more than $185 billion.

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’s wealth surge over the past year marks the fastest rise to the top of the rich list in history — and is a dramatic financial turnaround for the famed entrepreneur who just 18 months ago was in the headlines for Tesla’s rapid cash burn and his personal leverage against the company’s stock.

Musk started 2020 worth about $27 billion, and was barely in the top 50 richest people.

Tesla’s rocketing share price — which has increased more than ninefold over the past year — along with his generous pay package have added more than $150 billion to his net worth.

Meanwhile, Amazon’s share price has remained more subdued due to the potential for increased regulation from Washington.

Elon Musk passed Warren Buffett in July to become the seventh-richest person. In November, Musk raced past Bill Gates to become the second-richest person. Musk has gained more wealth over the past 12 months than Bill Gates’ entire net worth of $132 billion.


Read more here. (CNBC)
 

Ghan

Administrator - Servers are fun
Staff member
And he sold his house and rents because he doesn't like lots of possessions. Musk is an interesting character.
 

Varine

And as the moon rises, we shall prepare for war
" Musk started 2020 worth about $27 billion, and was barely in the top 50 richest people. "

Pff, new money.
 
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