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Elon Musk Now The Richest Person In The World

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 him past , who had been the richest person since 2017 and is currently worth about $184 billion.

’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 who just 18 months ago was in the headlines for Tesla’s rapid cash burn and his personal leverage against Tesla’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 nine-fold over the past year along with his generous pay package has 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.

passed in July to become the seventh richest person.

In November, he raced past to become the second richest person.

He has gained more wealth over the past 12 months than entire net worth of $132 billion.

Tesla’s shares were recently trading at about $790, up more than 4% in trading Thursday.

The company’s market value has grown to $737.6 billion.

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21 Responses

  1. Abdulsomad says:

    Good to know

  2. Davins says:

    Money in the bank, pocket and house.. opoor pa

  3. Dera says:

    Wow.. we pray to get there

  4. Weironex says:

    This is a great achievement

  5. Free2threads says:

    Congratulations

  6. Alabi says:

    who cares

  7. Wale says:

    all the best

  8. Empire says:

    I’ll get there BGG

  9. Davidson says:

    Wonderful

  10. Okoro Samuel says:

    Nice one

  11. Daniel says:

    Wonderful

  12. Faith says:

    Interesting

  13. Isaac says:

    Congrats

  14. John says:

    Good one

  15. Babarinde Fatiu says:

    Congratulations

  16. Tumzy says:

    He overtook many to get there

  17. Arisha Oluwatimileyin says:

    Congratulations.

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