Elon Musk is now the richest person in the world

Elon Musk became the richest person in the world. Surpassing Jeff Bezos, the current net worth of the founder of Tesla and SpaceX is valued at $ 188.5 billion. That’s about $ 1.5 billion more than Bezos’ estimated wealth.

Musk took first place as the richest person in the world when Tesla’s stock price rose 4.8%. This is the first time that an individual has surpassed Bezos’ equity title, won since October 2017. The two were also direct competitors: Musk, with SpaceX; and Bezos, Blue Origin LLC. Musk had significant financial success in 2020, when Tesla became the most profitable automaker in the world, with stock prices rising 743%. Although Bezos also enjoyed phenomenal success in Amazon profits last year, due to an increase in online purchases caused by the COVID-19 pandemic, he also lost a lot of wealth – the divorce of his wife MacKenzie Scott, which deprived him of about a quarter of his stake in Amazon and a handful of donations, such as when he donated $ 680 million in efforts to help fight the pandemic. In addition, Musk is showing no signs of slowing down, with Tesla’s constant production of innovative vehicles and SpaceX continuing to complete historic space missions.

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