The founder of Tesla and SpaceX has recently become the world’s richest person, overtaking Amazon boss Jeff Bezos who had held the place since October 2017. Elon Musk’s net worth is now $188.5 billion- around $1.5 billion more than Bezos’ estimated worth.

Tesla’s stock share increased by 4.8%, making Musk the wealthiest man on earth. His wealth sawed in 2020 after Tesla was valued at £516 billion, making the car company more valuable than Toyota, Volkswagen, Hyundai, GM and Ford- combined!

The multi-billionaire has recently been in the news after his girlfriend, Grimes, gave birth to their son. The couple named their child X Æ A-12, but the pair still haven’t confirmed how to pronounce the name.

Whilst 2020 was a welcomed year for Bezos due to the pandemic creating huge demand for Amazon, he was involved in a public divorce in which he gave over 4% shares of the business to his ex-wife MacKenzie Scott, allowing Musk to overtake.

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