Elon Musk – Meet The New Richest Man In The World

On Thursday, Bloomberg Billionaires Index declared that Tesla and SpaceX founder Elon Musk overtook Amazon founder Jeff Bezos. This means that the richest person in the world right now is Elon Musk. Bloomberg Billionaires Index keeps a record of the 500 wealthiest people in the world.

Elon Musk

Elon Musk Early Life:

Reports say that Elon Musk added $165 billion to his name in the past year alone. When the US Market closed on Thursday, Musk’s net worth was $194.8 billion. Jeff Bezos, on the other hand, was lagging by $9.5 billion.

Tesla’s share prices boosted by 743% in the last year because of a lot of reasons. Consistent profits were achieved, and inclusion in the S&P 500 Index really helped the surge. Now that he is the richest man in the world, he intends to help the people on Earth. Almost everybody knows about the fact that Musk has been trying to establish a self-sustaining city on Mars, which would let life not end, in case the Earth gets destroyed by more possible reasons than one.

elon musk

The South African-born billionaire also claimed that he has “very little time for recreation” which is the reason why he does not spend on vacations or on buying expensive yachts. This philanthropic nature is something that is an inspiration for a lot of people, mostly youngsters. After he came to know on 7 January that he became the richest man in the world, his reactions were very simple. He just tweeted “How strange” and then replied to the tweet with “Well, back to work.” This is an attitude that has made him come so far, and he is sure that his fortune would help save humankind.

Jeff Bezos in 2017 had become the richest man by surpassing Bill Gates who was holding the record for decades. It was reported that Jeff Bezos got richer after his divorce settlement with his wife MacKenzie Bezos back in April 2019. It was also termed the biggest divorce settlement in the world. Transfer of stocks worth around $36 billion was carried out by Jeff Bezos when the divorce was finalized.

Less than two months ago, Elon Musk became the second richest person surpassing Bill Gates. The amount of growth that Tesla’s share prices are having is commendable. The government also played a part in the process after announcing that further measures would be taken in order to free the world from internal combustion engines. This is what increased the demand for electric cars, thus raising the price of Tesla’s shares. You know the journey has been amazing when you go to the past and then see how far Musk has come. Musk owns 20% of Tesla’s shares and at the start of 2020, was the 35th richest person in the world.

elon musk tesla

Apart from that, Elon Musk has always been in the news for a lot of reasons lately. Elon Musk’s 7th child was named X Æ A-12. He has also been doing a lot with SpaceX. They recently sent four astronauts to the International Space Station on a rocket called Falcon Rocket and Dragon Capsule which also holds a commercial contract with NASA. Many believe that a blue Senate is a game-changer for Tesla since our electric vehicle tax credits would benefit the company. This technically means that Elon will get richer and richer as the years pass by.

Overall, this feat that he achieved will be remembered for long because of how well-deserved it is. His inspirational speeches all around the internet have motivated a lot of people. He was bullied when he was a schoolboy, and now, he is the richest man in the world. If this is not inspiring, what is?