Tesla CEO Elon Musk has become the richest man in the world

Tesla and SpaceX founder Elon Musk have become the world’s richest men. According to the Bloomberg Billionaire Index, Musk pushed Amazon CEO Jeff Bezos to number two in terms of wealth.

Tesla CEO Elon Musk world richest person
Image courtesy: PATRICK PLEUL—PICTURE ALLIANCE/GETTY IMAGES

Musk’s total assets rose to $ 188.5 billion, an increase of $ 1.5 billion from Bezos, with Tesla shares rising on Thursday.

Musk had assets of $ 27 billion in early 2020. In May 2002, Musk founded SpaceX, an aerospace manufacturer and space transport service company of which he is CEO and chief designer.

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He is also the CEO and Lead Architect of Tesla. Tesla is an American electric vehicle and clean energy company.

Tesla shares jumped 743 percent in 2020 Actually, 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 percent hope that we would survive.”


About the Narayanan Srinathan

Narayanan Srinathan is an author and digital marketing expert for the entire 'Live Planet News' and covers the latest business, technology, health, and entertainment news for www.liveplanetnews.com

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