Elon Musk Becomes Richest Man in the world
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Elon Musk Crosses Net Worth of $200 Billion To Become Richest Man In The World

Elon Musk became the richest person in the world as Telsa’s stocks rose on Monday. As reported by Forbes, Elon is the third person in the world to be worth $200 billion.

Musk became the richest man in the world for the first time in January this year when Tesla rose to a peak. This happened when he received additional stock grant options leading to an increase in his stake in Tesla. At the moment, Elon Musk owns more than one-fifth of Tesla’s shares.

Tesla carried on with its fourth-month rally as it closed up 2.2% at $791.36. On Monday, Elon Musk’s worth was valued at a whopping $203.4billion at the close of the markets as Musk became $3.8 billion richer on 27th September. Musk got ahead of Jeff Bezos who saw a 0.6%  decline in Amazon stock on Monday making Jeff’s worth fall by $1 billion Monday to $197.7 billion.

Looking at others, Amazon founder Jeff Bezos was the first person to cross this milestone of $200 billion. Jeff crossed it in August 2020. The second person to cross this milestone is the luxury tycoon Bernard Arnault. Bernard is the Chairman and Chief Executive of LVMH Moët Hennessy – Louis Vuitton SE.

Know More About Elon Musk

Elon Musk is the present Chief Executive Officer of Tesla, the company that stands at a whopping $213 billion. Tesla is an electric car-making giant headquartered in Palo Alto, California that makes sport utility vehicles and sedans. Apart from Tesla, Elon Musk is the Chief Executive Officer of Space X founded in 2002. Space X is an American Aerospace manufacturer and headquartered in Hawthorne, California.

If you are someone who likes to keep a check on these business tycoons, Musk is someone you might want to keep a track of! Musk biography is a work in progress under American writer Walter Isaacson. He regularly posts tweets about the latest developments in Tesla and SpaceX on his Twitter handle. Check out the latest updates from SpaceX here:

Musk also took a different road as he announced to ditch most of his possessions last year. Well, that’s something truly futuristic. Elon is definitely ahead of many others in his league. It’s worth waiting to watch what he brings next for the world.

 

Titiksha Jain

Titiksha Jain

An ardent lover of nature, poetry, animals, food and everything rustic. Fueling her inner fire with impromptu explorations.

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