Who is now the richest person in the world?

Tesla CEO and SpaceX founder Elon Musk is now the wealthiest person in the world. According to data from the financial service Bloomberg, he has a net worth of almost $190 billion.

How did Elon Musk become the richest person in the world?

The reason for this is current share price increase of electric car manufacturer Tesla by about 5 percent. Musk is extensively involved in Tesla. Last year, Tesla’s stock market value already increased by well over 700 percent – after the company repeatedly reported profits and was also included in the leading U.S. stock index.

How much is Tesla worth ?

According to the U.S. stock market portal “CNBC,” the fortune of the Tesla CEO and SpaceX founder has grown to 185 billion U.S. dollars due to the astronomical rise in the price of Tesla shares – Musk thus beats Bezos by a good one billion dollars. As recently as the beginning of 2020, writes CNBC, Musk’s fortune of just under $27 billion had barely kept him in the top 50 of the super-rich. Elon Musk has already made more than 11 billion dollars plus in 2021 alone!

Then came the Tesla rally. The company, which delivered just half a million cars last year, saw its value increase by a factor of 50 during that period. Tesla is currently worth 744 billion dollars, which is as much as most of its long-established competitors combined. The second most expensive automaker in the world, Toyota, has a stock market value of just $248 billion. As recently as the beginning of 2020, Tesla was only worth around 80 billion dollars.

Elon Musk Quotes

The path to be a CEO shouldn’t be through finance. It has to be through Engineering and Design, Elon Musk