Elon Musk reclaims first place for richest person in the world



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Elon Musk reclaimed the title of the richest person in the world.

According to Forbes’ Real-Time Billionaire List, Tesla and SpaceX founder now has a fortune of $ 201.4 billion, exceeding the $ 193 billion of Amazon and Blue Origin founder Jeff Bezos; LVMH Moët Hennessy – Bernard Arnault, CEO of Louis Vuitton SE, and $ 129.5 billion from Microsoft co-founder Bill Gates, and $ 121.8 billion from Facebook CEO Mark Zuckerberg.

ELON MUSK RELEASES $ 37.5M FROM HILLSBOROUGH, CALIFORNIA MANSION OFF THE MARKET

Musk’s rise in fortune has been largely linked to Tesla’s stock market success. Musk owns about a fifth of the electric vehicle maker.

In 2020 alone, Tesla shares rose about 720%. At the time of publication Tuesday, the shares are trading at $ 782.41 apiece, up about 7% year-to-date and 85% last year.

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TSLA TESLA, INC. 780.61 -10.75 -1.36%

Additionally, Musk’s fortune is tied to SpaceX, which was valued at around $ 74 billion in a February funding round, a $ 37.5 million mansion in Hillsborough, Calif., And a main house. approximately $ 50,000 located in Boca Chica, TX, and leased through SpaceX. .

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Musk is the third person to cross the $ 200 billion mark, after Bezos in August 2020 and Arnault for a short time last month. He first became the richest person in the world in January, before being dethroned by Bezos a month later.

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