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Elon Musk becomes world’s richest person


08 January 2021  

Time taken to read : < 1 Minute


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WASHINGTON: Elon Musk has become the world’s richest person, as his net worth crossed $185bn (£136bn).

The Tesla and SpaceX entrepreneur was pushed into the top slot after Tesla’s share price increased on Thursday.

He takes the top spot from Amazon founder Jeff Bezos, who had held it since 2017.

Musk’s electric car company Tesla has surged in value this year, and hit a market value of $700bn (£516bn) for the first time on Wednesday.

That makes the car company worth more than Toyota, Volkswagen, Hyundai, GM and Ford combined. (With inputs from Agencies)

Publish Date : 08 January 2021 10:39 AM

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