Confusion As Forbes Says Elon Musk Is Not The Richest Person In The World - STECHITEGIST
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Confusion As Forbes Says Elon Musk Is Not The Richest Person In The World

by toffee_plug

The American global media, Forbes has proven Bloomberg wrong over the Richest Person in the world.

It says that Elon Musk remains the second richest person in the world, while Jeff Bezos still maintains his position as the first.

Despite seeing his net worth skyrocket in recent months—and a report from Bloomberg on Wednesday that he’s now the world’s richest person—Elon Musk remains the second-richest person in the world, according to Forbes’ estimates.

Shares of Musk’s electric-vehicle maker Tesla TSLA +7.9% rose by 7% as of 2:30 p.m. EST on Thursday, pushing Musk’s net worth up by $9.8 billion, to $175.2 billion.

That makes him $22 billion richer than the planet’s third-wealthiest person, French luxury tycoon Bernard Arnault, but still $11 billion behind the world’s number one, Amazon AMZN +0.8% CEO Jeff Bezos.

Forbes estimates that Bezos has a net worth of $186.8 billion.

Musk’s net worth has grown at an astronomical clip over the past year. He has added nearly $150 billion to his fortune since March 2020, when he was worth $24.6 billion.

Much of that increase comes from Tesla’s skyrocketing share price, which rose more than 720% in 2020. It has gained another 10% so far over the first week of 2021.

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