On Thursday Tesla’s share price increases that’s how Tesla and SpaceX entrepreneur was pushed into the top slot by crossing net worth $185 billion and Elon Musk has become the wealthiest person in the world.
Elon Musk is a South African-born American entrepreneur and businessman who founded X.com in 1999 (which later became PayPal), SpaceX in 2002, and Tesla Motors in 2003. Musk became a multimillionaire in his late 20s when he sold his start-up company, Zip2, to a division of Compaq Computers.
Elon Musk, worth around $27 billion, started in 2020 and was barely among the top 50 richest individuals. In addition to his lavish pay package, Tesla’s rocketing share price, which has risen more than nine-fold over the past year, has added more than $150 billion to his net worth.
In July, He passed Warren Buffett to become the seventh richest man. Musk raced past Bill Gates in November to become the second richest man. Over the past 12 months, Musk has earned more capital than the entire $132 billion net worth of Bill Gates.