Elon Musk Overtakes Jeff Bezos To Become World's Richest Person

Elon Musk Overtakes Jeff Bezos To Become World's Richest Person
Elon Musk, the Tesla and Space X entrepreneur becomes the world richest person as his net worth crossed $185bn. This all comes after his electric car company Tesla's shares saw a surge on Wednesday, making him $1.5bn richer than Amazon founder Jeff Bezos who held the title since 2017. Jeff is with a current net worth of about $184 billion. Elon's Tesla has surged in value this year and hit a market value of $700bn for the first time on Wednesday.

A 4.8% rise in Tesla's share price did enough to declare Musk as the world's richest person according to the Bloomberg billionaires index, which tracks the daily changes in the fortunes of the world's 500 wealthiest people. Elon reacted to this development as he replied to a stranger on Twitter and wrote, "how strange". It seems that Elon is undoubtedly unstoppable as he further tweeted, "well, back to work..."





An older tweet pinned to the top of his feed that offered further insight into his thoughts on personal wealth.

"About half my money is intended to help problems on Earth, and a half to help establish a self-sustaining city on Mars to ensure the continuation of life (of all species) in case Earth gets hit by a meteor-like the dinosaurs or WW3 happens and we destroy ourselves," it reads.

It is also being said that Elon's wealth has been boost by the current political situation in the US, where the Democrats will have control of the US Senate in the forthcoming session. Daniel Ives, an analyst with Wedbush Securities wrote: "A Blue Senate is very bullish and a potential 'game-changer' for Tesla and the overall electric vehicle sector, with a more green-driven agenda now certainly in the cards for the next few years."

As the CEO and product architect of Tesla, and founder and CEO of SpaceX, Musk had a net worth of about $27 billion in the starting of 2021, getting a place among the 50 richest people in the world. Throughout the year he made his way up the list, overtaking Microsoft co-founder Warren Buffett to take seventh place in July and surpassing Bill Gates to become the world's second-richest person in November.

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