Breaking: Elon Musk just became the richest person in the world. His net worth is now $188.5 billion, surpassing that of Jeff Bezos. In the past year, Musk’s fortune has risen by $160 billion.
Elon Musk, the outspoken entrepreneur behind Tesla and SpaceX, is now the richest person on the planet. Thursday's increase in Tesla's share price pushed Elon Musk’s net worth to more than $185 billion — past Jeff Bezos, who had been the richest person since 2017 and is currently worth about $184 billion.
Elon Musk, now the richest person in the world, has made millionaires out of Tesla's most loyal fans. Meet one of them. Tesla’s share price surged 743% last year — further inflating a valuation "light-years apart from other automakers on numerous metrics."
"Fueling Elon Musk's rise was an unprecedented rally in Tesla’s share price, which surged 743% last year on the back of consistent profits, inclusion in the S&P 500 Index and enthusiasm from Wall Street and retail investors alike."
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