Elon Musk is close to overtaking Jeff Bezos as the richest person in the world

Bloomberg’s real-time billionaire tracker now has the two multimillionaires with $ 3 billion from each other, with Bezos with $ 184 billion and Musk with $ 181 billion. Bill Gates is now in a distant third place, with $ 132 billion, according to Bloomberg.
Another gain in Tesla (TSLA) The shares raised Musk’s net worth by $ 4.1 billion to $ 165.4 billion, according to Forbes calculations. But Forbes does not appear to be giving Musk credit for the options he received in 2020 to buy 33.6 million additional Tesla shares.

Musk is also the main shareholder in SpaceX, another company of which he is CEO, although SpaceX is a private company, so its value does not fluctuate as much as Tesla’s value.

Bezos’ stake in Amazon’s shares increased by $ 75 billion in 2020, to $ 173.3 billion, due to the huge increase in sales driven by the Covid-19 pandemic.

But that was nothing compared to Musk’s holdings at Tesla. The 170 million Tesla shares he already owns increased in value by $ 106 billion during 2020, as the shares rose 743% during the year.
The value of his stock options he owned at the beginning of the year increased by $ 14.2 billion, while the new options he received during the year as part of his payment package were valued at $ 21.5 billion at the end. of the year.
Musk won Gates for the title of second-richest person in the world at the end of November, but Tesla’s shares have risen in value by 45% since then, raising Musk’s net worth by $ 53 billion in the past two months.
Tesla short sellers lost $ 40 billion in 2020. Elon Musk earned more than three times that

Tesla’s shares got off to a good start in 2021, rising another $ 50.31, or 7%, since the beginning of this year. This raised Musk’s shares and options at Tesla by another $ 11 billion this year. Meanwhile, Amazon’s shares have lost nearly 4% of their value.

Musk is expected to qualify for call options for an additional 16.9 million Tesla shares earlier this year, according to company documents. These options would be worth $ 11.6 billion at the current share price, taking into account the exercise price.

Bezos has no options to buy shares in Amazon, only the 53.2 million shares he owns as the company’s founder. He would have had more if he had not given 19.7 million shares to his ex-wife, MacKenzie Scott, in his divorce. Bezos also sold or gave shares as part of his charitable donations. Musk never divested any Tesla shares.

It is not just Bezos that Musk is close to catching. ExxonMobil, the United States’ most valuable oil company, has a market capitalization of $ 188.6 billion. Therefore, Musk, who is a leading advocate of changing drivers worldwide from gasoline and diesel to electric vehicles, is close to being worth as much as one of America’s largest oil companies.

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