I Startup Central - YouTube. Spread the love On Tuesday, Amazon CEO Jeff Bezos overtook Elon Musk to reclaim the title of the richest man in the world. The Tesla and SpaceX entrepreneur Elon Musk has become the world's richest person, as his net worth crossed $194.8bn. The company makes stock widely available to its employees. ", The rise in Tesla's stock price, and his options to buy new shares, has made Musk the. At current values, those three options tranches would be worth $18.6 billion. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. That’s according to a new analysis , which finds that the SpaceX CEO now controls more than 27 percent of all active satellites currently orbiting Earth — roughly one thousand out of 3,500. Neither has the consensus from traditional Wall Street analysts whose median target for Tesla is about $450 per share, nearly half of its present value. READ: Jeff Bezos is world’s richest man, as Elon Musk loses $15 billion in a day What you should know Nassef Sawiris and Aliko Dangote share similarities in the sense that they both enjoy immense support from the Egyptian and Nigerian government respectively. Elon Musk is now the richest man on the planet, overtaking Jeff Bezos Tesla CEO Elon Musk's fortune rose to $188.5 billion on Thursday, $1.5 billion more than Bezos. Elon Musk became the world’s richest man overtaking Jeff Bezos in the first week of January 2021. — Elon Musk (@elonmusk) January 29, 2021 Musk’s influence on the finance market has been especially impactful these past few months. Elon originally grew up in South Africa and suffered a childhood peppered with physical abuse … Musk has not exercised any of his options. Meanwhile, Amazon's shares have dipped from their September high of about $3,500 to roughly $3,200 as investors sell off anticipating the incoming administration under President-elect Joe Biden will tighten tech regulation and cut into profits for the online retail giant. Just six days in, Elon Musk had already lapped Jeff Bezos to become the world’s richest person in 2021 with a personal net worth of $188 billion. Musk, who bought a controlling stake in Tesla in 2004 when it was an upstart private company years from building its first car, takes no salary. IE 11 is not supported. When Musk was recently asked on Twitter about the lack of company match into 401(k) plans in the face of his own compensation package, he. The company doesn't break out how much of that was Musk's or how much was stock for its other 70,750 employees. In November, Musk leapfrogged past Microsoft co-founder Bill Gates to become the world's second-richest man, with $128 billion at that time. Tesla's market capitalization, a measurement of the company's stock price multiplied by its number of shares, has been on a tear since the beginning of last year, rising from about $80 billion in January 2020 to just over $760 billion today. Shopping. He briefly attended the University of Pretoria before moving to Canada aged 17 to attend Queen's University. Elon Musk is the World’s Richest Person in 2021. Elon Musk takes the top spot for the richest man in the world. Their wealth jumped by more than $1 trillion in the months since the pandemic began. Updated 2007 GMT (0407 HKT) February 12, 2021. Technology Elon Musk: The Worlds Richest Man. Elon Musk | Secret of the Richest Man in the World | Dhruv Rathee. Amazon founder Jeff Bezos is no longer the richest man in the world, after Tesla CEO Elon Musk's fortune on Thursday rose to $188.5 billion, $1.5 billion more than Bezos. A centibillionaire, Musk is one of the richest people in the world. And as far the pecking order of global wealth goes, the new year has already delivered. For an optimal experience visit our site on another browser. Copy link. Elon Musk to be world's richest man? On Thursday, a Twitter account called ‘Tesla Owners of Silicon Valley’ shared the news to the 49-year-old South African businessman becoming the world’s richest person and earned a wry response from Mr Musk himself. Musk is worth $194.8 billion, or $9.5 billion more than Bezos, whose Blue Origin is a rival to Musk’s Space Exploration Technologies Ltd., or SpaceX, in the private space race. Elon Musk's net worth soared to $188.5billion after surge in Tesla stock Thursday For four days, he was world's richest man, overtaking Amazon CEO Jeff Bezos Tesla shares fell Monday by … If … Tesla joined the S&P 500 in December, increasing trading volume and volatility as the size of its market cap forced investors to rebalance their portfolios to compensate for its weight in the index. Elon Musk celebrates after the launch of a SpaceX Falcon 9 rocket and Crew Dragon spacecraft at Cape Canaveral, Fla., on May 30, 2020. according to the Bloomberg Billionaires Index. Elon Musk just became the richest person in the world, with a net worth of more than $185 billion, according to CNBC calculations. Executives typically exercise them when they are due to expire, or to free up cash. All times are ET. A 6% … Tesla billionaire Elon Musk is the richest person in the world once again, overtaking Jeff Bezos as shares of Amazon fell on Thursday. Despite the Bloomberg Billionaires Index listing Musk to be in the top one position, Forbes Billionaire calculation states Musk overtook the first position and has again had a sink of 8%, taking the second spot yet again.