Breaking: Elon Musk now world’s wealthiest person
Elon Musk, the outspoken and envelope-pushing chief executive of Tesla, overtook Amazon boss Jeff Bezos to become the world’s wealthiest person, it was reported today. Musk is a major shareholder of the electric car company and has benefited from Tesla’s surging share price over the last year.
CNBC estimated Musk’s wealth at $185 billion.
Thursday's increase in Tesla's share price pushed Musk past Jeff Bezos, who had been the richest person since 2017 and is currently worth about $184 billion. Musk's wealth surge over the past year marks the fastest rise to the top of the rich list in history — and marks a dramatic financial turnaround for the famed entrepreneur who just 18 months ago was in the headlines for Tesla's rapid cash burn and his personal leverage against Tesla's stock.
Credit: CNBC
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