Tesla Inc. chief and billionaire entrepreneur Elon Musk has become the world’s richest man. He has left behind Amazon boss Jeff Bezos. Bloomberg gave this information on Thursday. Tesla’s stock played a key role in making Musk the world’s richest person. On Thursday, the surge in Tesla’s stock gave Musk the breakthrough. Musk’s total assets now exceed $ 188.5 billion. According to the Bloomberg Billionaires Index, Musk has assets worth $ 1.5 billion more than Bezos.
Bezos held the title of ‘World’s richest person’ number one since October 2017
The Bloomberg Billionaire Index, which ranks the world’s richest people on a daily basis, is basically ranked by billionaires based on current assets. Jeff Bezos had been in the chair of the world’s richest person since October 2017. He currently has total assets of $ 184 billion.
In November 2020, Elon Musk became world’s second richest man, overtaking Bill Gates. At that time he had total assets of $ 128 billion. In the last 12 months, the assets of Elon Musk have increased by more than $ 150 billion (about 11 lakh crores). There has also been no impact on Musk’s property due to economic lethargy or corona virus pandemic.
Tesla shares jumped 743 percent in 2020
The biggest reason for such a huge increase in Musk’s assets is the tremendous rise in the shares of his company Tesla. Tesla’s shares have risen 743 percent in 2020 after the company continued to post profits and join the S&P 500 index.
Information provided by Tesla itself shows that last year the company has produced and delivered 5 lakh electric cars. Musk also tweeted about this. In this tweet, he wrote, ‘I am proud of the Tesla team for achieving this milestone.’ He further wrote, ‘At the beginning of Tesla, I had only 10% hope that we will survive.’
