Elon Musk became the richest man in the world. How long?

The head of SpaceX and Tesla Elon Musk took the first line in the ranking of the richest people on the planet.

What is it
means?

All thanks to Tesla stock, which continuouslyhave been growing since November 2020, after the S&P Dow Jones Indices Committee announced its intention to include the company in the S&P 500 rating. As a result of yesterday's trading, the shares broke through the $ 800 milestone.

Along with the growth of Tesla shares, the state of Elon Musk, who owns 21% of the shares, is also growing. In general, in 2020 the shares gained 720% in price, and in the first week of January they increased by another 10%.

Thanks to this, Elon Musk was able to overtakeAmazon CEO Jeff Bezos, who is the richest man since 2017. But even at the beginning of last year, Musk's fortune was estimated at $ 24.6 billion, and he was oh so far to the first place in the rating. But since March, his fortune has increased by almost $ 150 billion!

True, the numbers and place in the ranking directly depend onfrom the value of Tesla shares, which can go up or down. For example, Bloomberg now estimates Musk's fortune at $ 195 billion, while Bezos has “only” $ 185 billion.


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But Forbes still gives first place to the founder of Amazon, estimating Musk's fortune at $ 177.2 billion.


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