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Tesla tycoon Musk declared world richest person

Published by The Nation on Fri, 08 Jan 2021


Our ReporterSPACEX and Tesla founder Elon Musk has surpassed Amazon founder Jeff Bezos as the richest person in the world, his fortune having grown to over $185 billion.The billionaire seemed surprised by the announcement.Musk was officially named the richest person on the planet yesterday, not-so-narrowly edging out Bezos thanks to a 4.8 percent boost in Teslas stock value.The South African-born electric car purveyors net worth is now an eye-popping $188.5 billion, while Bezos has only $184 billion.The rapid growth of Musks personal fortune over the last year has surely made him the envy of his Silicon Valley peers, but his disinterested response to the news on Twitter suggested he wasnt really paying attention to the details.How strange, the billionaire remarked, before tweeting he was going back to work.Not everyone was excited about Musk pulling down more per year than theyd ever see in their lifetimes, of course.Many had ideas as to how he should spend his fortune, from ending world hunger and homelessness to donating to random Twitter users.But several users celebrated his accomplishmentsincluding dethroning Bezos.Bezos and Musk arent just tech industry competitorsboth are determined to bring humanity back into space, though Musk has focused more on a potential Mars colony and Bezos is more interested in building reusable rockets to bring down the cost of sending materials into orbit.
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