Elon Musk has become the world’s richest person. The current net worth of the Tesla and SpaceX, which surpasses Jeff Bezos, is estimated at $ 188.5 billion. That’s about $ 1.5 billion more than the current estimated wealth of Bezos.
Musk became the world’s richest person when Tesla’s share price rose 4.8 percent. This is the first time an individual has surpassed Bezos’ wealth title held since October 2017. The two were also direct competitors: Musk, with SpaceX; and Bezos, Blue Origin LLC. Musk experienced significant financial success in 2020 when Tesla became the most profitable carmaker in the world, with share prices rising by 743 percent. While Bezos also saw phenomenal success in Amazon’s profits last year due to a surge in online shopping caused by the COVID-19 pandemic, he also lost a lot of wealth – his divorce from his wife MacKenzie Scott, who robbed him of about a quarter of his share in Amazon, and a handful of donations, such as when he gave away $ 680 million dollars in efforts to fight the pandemic. On top of that, Musk shows no signs of slowing down, with Tesla’s steady production of innovative vehicles and SpaceX continuing to complete historic space missions.
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