Owner of Tesla company and SpaceX, Elon Musk for the records has emerged the new richest man in the world 2021.
Bloomberg reports that the American overtook Amazon CEO Jeff Bezos to become the new richest man in the world on Thursday January 7 after his company Tesla, recorded a 4.8% increase in share price.
Recall Newspaddy had reported a drop in Tesla’s share over 11% of its stock price shortly after the opening of the U.S trading session.
But it later soared 743% while Elon Musk’s net worth grew by more than $150 billion.
However, 4.8% increase in Tesla’s share price on Thursday took him to $188.5 billion as the new richest man in the world 2021, with over $1.5 billion more than Jeff Bezos, the CEO of Amazon according to Bloomberg Billionaires Index.