ELON MUSK BECAME THE WORLD’S SECOND-RICHEST PERSON

Elon Musk overtook the founder of Microsoft Bill Gates to become the world’s second-richest person. Now his fortune is second after the fortune of businessman and CEO of Amazon Jeff Bezos.

According to Bloomberg, Musk's capital has increased by more than $ 7 billion due to Tesla's stock price. Now his fortune is estimated at $ 128 billion, which is slightly higher than Bill Gates' income (also about $ 128 billion). However, Jeff Bezos is still an elusive leader, with a fortune of $ 182 billion.

Elon Musk quickly became one of the leaders of the list of richest people on the planet - his capital grew by $ 100 billion in 12 months.

There are 500 people on the list of the "richest" ones and none of them have multiplied their capital as quickly as Musk. For comparison, in January 2020, Elon Musk was only on the 35th line of the ranking.

Analysts point out that Tesla's capitalization growth was the reason for such a meteoric rise.

If at the beginning of the year it was estimated at $ 100 billion, now it is around $ 500 billion.

We should note that Tesla Company appeared in 2003 and Elon Musk was among its founders. Tesla is an electric vehicle manufacturer, and its business model is different, as the company does not sell cars through independent dealers. Tesla showrooms are more likely demonstration sites, where you can buy a car through the official website. The sales concept is looks like the concept of Apple.

49-year-old Elon Musk is engaged not only in Tesla, but also in a number of other projects. These include SpaceX, where he is also the chief engineer, SolarCity for solar panels, Neuralink neurotechnology Company, and The Boring Company, which specializes in tunneling.