Elon Musk named world’s richest person

Jeff Bezos isn’t the richest person in the world anymore

Elon Musk richest

Elon Musk named world’s richest person. Source: youtube.com

With a net worth of over $185 billion, Elon Musk has been named the richest man worldwide.

Since 2017, Jeff Bezos has been the richest man globally with a current net worth of $184 billion. However, the recent rise in Tesla’s share price caused a shift in this.

That’s a significant financial outcome for Elon Musk. In 2020, Musk barely made it to the top 50 richest persons globally, with a net worth of nearly $27 billion.

His network has grown rapidly due to the generous compensation package from the company and the dramatic increase in Tesla’s share price.

Over the past 12 months, Elon Musk has managed to gain more wealth than the entire net worth of Bill Gates.

We’ve reported that Tesla entered 2021 with a record-breaking number of e-vehicles.

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