Elon Musk is now the richest person in the world

Elon Musk

Elon Musk has become the world’s richest person, as his net worth crossed $185bn. With Tesla’s stock rising to 816.04 at the time of writing this article, Elon Musk has surpassed Jeff Bezos, Amazon Maestro as the world’s richest man. Jeff Bezos had held this top spot since 2017.

Musk was hardly included in the top 50 richest people by the start of 2020 with a worth of about $25 billion but because of Tesla’s rocketing share price that has increased to about 9 times since last year, he has added $150 billion to his net worth.

Elon Musk tells what he is the richest man

Last year in July, the 1st milestone achieved by Musk was when he passed Warren Buffett to become the fourth richest person. Last year, in November he jumped past Bill Gates to take the second spot as the richest person.