Elon Musk Became the World’s Richest Person by Overtaking Jeff Bezos
Elon Musk is now the richest person in the world, with the wealth gained by his endlessly growing ventures for years. Musk has succeeded in becoming the richest person on the planet, surpassing his rival, Jeff Bezos, who has held this title for a long time.
Elon Musk, one of the top earning names of recent years with Tesla and SpaceX, became the richest person in the world, surpassing Jeff Bezos, who has long been at the top. Musk, who made a name for himself not only with his initiatives, but also with his reactionary temperament from time to time, grew his wealth at an unprecedented pace in 2020.
Elon Musk, who had a fortune of only $ 27.6 billion at the beginning of 2020, nearly doubled his fortune in a year. Elon Musk’s current fortune is currently $ 188.5 billion, which is $ 1.5 billion more than Jeff Bezos, who has been to the top of the list since October 2017. Jeff Bezos and Elon Musk’s only race is not the race to become the richest person in the world. The two also compete in space racing with their own space companies, Blue Origin and SpaceX.
If Jeff Bezos had not transferred a quarter of Amazon shares to his ex-wife, he would still be on the top of the list now. However, with this loss of stock and the sudden rise of Elon Musk’s companies, the top name changed unexpectedly.
Tesla shares doubled his fortune:
Tesla shares, which climbed in 2020, are behind Elon Musk’s rapid enrichment process, probably unprecedented in history. Tesla’s shares had gained 743 percent in value last year, and Elon Musk’s fortune had grown at an incredible rate.
