Elon Musk, CEO of SpaceX and Tesla, has surpassed the net worth of Amazon founder Jeff Bezos.
“Elon Musk has become the world’s richest person, as his net worth crossed $185bn (£136bn),” the BBC reported on Thursday.
The futuristic businessman gained staggering wealth last year. “Musk started 2020 worth about $27 billion, and was barely in the top 50 richest people,” CNBC noted on Thursday, adding:
“Tesla’s rocketing share price — which has increased more than ninefold over the past year — along with his generous pay package have added more than $150 billion to his net worth.”
After the COVID-19 crash in March, Tesla found its stock priced near $70, based on TradingView.com data. By 2021, TSLA stock shares found their way up past $800 apiece, which also takes into account an Aug. 2020 share split.
Musk is also no stranger to the crypto industry, although he has not come forward as a major proponent of