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Elon Musk had a tough childhood because he was once a bullied kid in school. No one would have imagined that this kid will not be the richest man on Earth.
Yes, Elon Musk, the founder of Tesla and SpaceX just beat Amazon’s Jeff Bezos to become the wealthiest guy in the world. His name is very familiar in the business world because, from scratch, he built one of the biggest companies today.
Elon overtakes Amazon’s chief
NBC News reported that Jeff Bezos, the founder of Amazon, is no longer the richest man on this planet. This happened after Tesla’s owner’s fortune leaped to $195 billion on Jan. 8. This figure is $10 billion more than what Bezos has.
This means that he also outdid the other famous billionaires like Bill Gates, Bernard Arnault and Warren Buffet. He was able to surpass them after Tesla’s share price shoots up almost 830% since March of last year.
Elon Musk’s substantial pay package was set off after his electric car company succeeded in attaining certain market capitalization and profitability milestones. As this happened, he replaced Jeff Bezos as the world’s richest man. The Amazon CEO was unseated for the first time since topping in 2017.
Tesla’s stocks and future project
Tesla’s shares rose early Thursday and eventually pushed Elon Musk’s stock holdings up. For Bezos, he only secured a mere two percent increase that lifted his shares by around $3 billion only which is far from Musk’s $10 billion.
As posted on Bloomberg Billionaires Index dated Jan. 8, Jeff Bezos is now no. 2 with a net worth of $185 billion followed by Bill Gates with $134 billion. This index is ranking the world’s richest individual every trading day in New York since stocks rise and plummet often. The calculations are also provided together with the billionaire’s profile page.
Meanwhile, Elon Musk’s Tesla is coming to India this year. The company has been considering this for a long time now and finally, the plan has been finalized and the electric car firm is now landing in the said Asian country.
Tesla’s arrival in India was confirmed by Nitin Gadkari, the country’s Union Minister for Road Transport and Highways. Based on his statement, Elon Musk will launch Tesla by introducing the electric car lineup first then they will build an assembly or manufacturing facility. This means, Tesla’s cars and SUVs will soon travel around India in 2021, Indian Express reported.
