According to Bloomberg‘s Billionaire Index, CEO, founder, inventor, or adviser for some of the world’s most-hyped companies, including SpaceX (including Starlink) Tesla (including SolarCity) The Boring Company Elon Musk surpasses Jeff Bezos to become the world’s richest person with a net worth of $195B.
Share prices of Tesla surged this week, makes musk worlds richest person a head of $10B to Jeff Bezos.
Tesla’s shares have been rallying for several months now. Share prices surged 743 percent in 2020 alone, according to Bloomberg. Despite producing only a fraction of the cars, Tesla has swiftly become more valuable than Ford and General Motors.
The news is also representative of a massive shift of capital towards the world’s richest people throughout the pandemic. The world’s 500 richest people gained a nauseating $1.8 trillion in 2020, according to Bloomberg.