Has Elon Musk become the Richest man in the World ??

 नमस्कार दोस्तों, in this blog, we will talk about the richest person in the world. Has Elon Musk become the world's richest man? We will know everything about the matter. Let's start with me.

Elon Musk is a business magnate. He is the founder, CEO of SpaceX; CEO of Tesla; founder of The Boring Company; co-founder of Neuralink; and co-founder and initial co-chairman of OpenAI.

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"Elon Musk is now richest person in the world: With the net worth of $188 billion and rising, Musk has now overtaken Amazon's CEO Jeff Bezos, to become wealthiest person in the world". India TODAY.

Title of world's richest man to Elon Musk is given by Bloomberg's Billionaire Index. Bloomberg Billionaire index tracks the daily changes in the fortunes of the world's 500 wealthiest people. But According to Forbes Billionaire Index, Elon Musk is still on second richest person; Amazon's CEO, Jeff Bezos is the richest man in the world.

According to Bloomberg Billionaire index the net worth of wealth of Elon Musk has become $195 billion; Amazon's CEO, Jeff Bezos is on second rank with $185 billion and Bill Gates is on third rank with $134 billion. Out of 20 wealthiest persons in the world, 14 are Americans. If we talk about India's Mukesh Ambani, According to both Bloomberg Billionaire as well as Forbes Billionaire, he is on 13th rank with net worth of wealth is $74 billion.

While entire world is fighting with corona pandemic in 2020, Tesla stock hiked more than 700% in 2020, which is primary reason behind Musk's net worth increased. Musk's net worth has surged by over $150 billion in past one year. Before 2020, the price of Tesla's share around $80-$90, But in 2020 share price increased continuously and reached above $800. This is because of Tesla is electrical vehicle manufacturer and due to climate changing, peoples are moving towards electrical vehicles and demand of electric vehicles is increasing across the world. Therefore, it is predicted that Tesla will sell its cars in many countries. That's why share price of Tesla is increasing continuously.

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Er. Kamal Chauhan

Founder of World Current Affairs. Inspired to make things looks better.

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