Elon Musk becomes world's richest person
YEREVAN, January 8. /ARKA/. Elon Musk became the world's richest person Thursday with a net worth of more than $185 billion, TASS reported citing Bloomberg and CNBC.
According to Bloomberg, Tesla stock increased by 7.94% on Thursday pushing his net worth above Amazon CEO Jeff Bezos, who had been the world's richest person since 2017 with a current net worth of about $184 billion.
Acting as CEO and product architect of Tesla, and founder and CEO of SpaceX, Musk began 2020 with a net worth of about $27 billion, placing him among the 50 richest people in the world.
The rating of the richest people in the world, compiled by the Bloomberg is updated daily based on the results of stock trading in the United States. Musk, commenting on the news reports that he became the richest man in the world, tweeted: "How strange." "Well, let's get back to work ...," he added.
Throughout the year he made his way up the list, overtaking Warren Buffet to take seventh place in July and surpassing Bill Gates to become the world's second-richest person in November.
Musk added more than $150 billion to his net worth over the past year as Tesla stock shot up in price and he received an extensive pay package.
Tesla stock surged 743% in 2020 after reporting consistent profits, and shares have gained more than 23,900% since its initial public offering in 2010. The stock also debuted on the S&P 500 index on Dec. 21. -0-
