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Elon Musk overtook Jeff Bezos and became the world’s richest man, based on calculations using the Bloomberg Billionaires Index.

For the first time, Elon Musk overtook Jeff Bezos and became the world’s richest man, based on calculations using the Bloomberg Billionaires Index.

Elon Musk overtook Jeff Bezos and became the world’s richest man, based on calculations using the Bloomberg Billionaires Index - The Wall Post
Elon Musk – Richest Man on Earth

This happened because Tesla’s share shot up to 5% on Thursday, which eventually boosted the Net Worth of the founder Elon Musk to $188.5 Billion. Which is in fact $1.5 Billion more than Jeff Bezos.

According to Bloomberg the Tesla’s stock price have increased upto 740% in the year 2020.

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Elon Musk only just passed Bill Gates in November to become the second-richest person in the world. The world’s 500 richest people added a record $1.8 trillion to their combined net worth last year, equivalent to a 31% increase.

Elon Musk said in one of his tweets that, “About half my money is intended to help problems on Earth & half to help establish a self-sustaining city on Mars to ensure continuation of life (of all species) in case Earth gets hit by a meteor like the dinosaurs or WW3 happens & we destroy ourselves”

The World’s third-richest person, Bill Gates, is worth $132 billion as of Wednesday.

With Inputs from Bloomberg