Elon Musk Becomes World’s Richest Person
Bloomberg Billionaires Index has announced Tesla, Inc. CEO Elon Musk to be the richest man in the world.
Bloomberg - is a media company- Billionaires Index is a ranking of the world's 500 wealthiest people.
They announced that Tesla, Inc. CEO Elon Musk has surpassed Amazon chief Jeff Bezos to become the world's richest person. Tesla's share price boosted Musk's net worth past Bezos's. Musk's net worth is now $188.5 billion. It is $1.5 billion more than Bezos. Musk had recently surpassed Microsoft's Bill Gates—formerly the world's richest person—in November last year to become the second-richest person in the world. Reacting to the news, Musk said in a tweet, "How strange." In another tweet, he wrote, "Well, back to work..."
Over the past year, Musk's net worth has grown by more than $150 billion. In the world’s history, this is the first time that a person’s wealth has increased so much in one year. Tesla's share price has surged 743% last year due to consistent profits. China's Zhong Shanshan has now surpassed Warren Buffett to become the world's sixth-richest person after shares of his bottled-water company surged. Last week, Zhong had replaced Reliance Industries chairperson Mukesh Ambani to become Asia's richest person.
