HIGHLIGHTS
- Tesla's stock jumped to 4.8 percent on January 7, 2021
- Elon Musk has valued $188.5 Billion
- Musk has become the richest person on the planet
- Elon Musk will be the First Trillionaire
Elon Musk the CEO of Auto Company Tesla and SpaceX has become the world's richest person. On January 7, 2021, Tesla's stock jumped 4.8 percent and Elon Musk became the richest person in the world, overtaking Amazon's founder Jeff Bezos.
According to the Bloomberg Billionaires Index, Musk's Net Worth reached $188.5 Billion on Thursday January 7, which is $ 1.5 Billion more than Jeff Bezos's $187 Billion. Bezoz was the richest person in the world, surpassing Bill Gates in October 2017. Elon Musk Net Worth has increased $150 Billion in the Economic slowdown year 2020, it proves that Elon Musk Will be first Trillionaire on the planet due to the Future based Businesses.
South African born, 49 years old, Present and Future Businessman Elon Musk is also the CEO of SpaceX. he runs many other Companies like Neurolink. In the race for private space companies, he competes with Jeff Bezos' company Blue Origin.
Despite the economic slowdown due to coronavirus, Musk's net worth has grown by $ 150 Billion over the past 12 months. This is because Tesla, the world's most Valuable auto company, has seen a phenomenal growth. The shares of the company have risen 743 percent over the past year due to consistent profits and inclusion in the prestigious S&P Index.
The New Year has begun only a few days before but the major changes are being seen in these days. While elon Musk has become the richest person in the world, China's Zhong Shanshan has overtaken the veteran investor Warren Buffett to number 6th position in the world and the number 1st position in Asia to overtake Mukesh Ambani. Musk's net worth has increased by $ 15.2 Billion in the last seven days in this starting year. The wealth of the world's 500 rich people grew by $ 1.8 trillion in 2020, which is equivalent to a 31 percent increase.
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