Story: World's richest person ; 16-02-2023;
Elon Musk is closing in on recapturing his title as the richest person in the world.
Elon Musk is closing in on recapturing his title as the world’s richest person, thanks to Tesla Inc.’s 70% rise this year.
Musk became world's richest person first time in 2021, by surpassing Amazon founder Jeff Bezos. He also became the third person ever to amass a fortune worth $200 billion, according to Forbes.
Musk, who bought Twitter last year, was at his peak of more than $300 billion in late 2021,
•Elon Musk's net worth is almost $50 Billion up this year. His net worth went down last year after his controversial Twitter takeover. Further losses were caused by tweets he did, this led to uncertainty in the Tesla shareholders, and many Tesla's buyers, fans got angry and turned away from the brand.
This caused Tesla share shake up and in result Elon Musk lost his position as world's richest.
• Elon Musk officially closed on his $44 billion Twitter acquisition.
• Musk did damage control and decided to step down as Twitter CEO, and said Twitter will get a new CEO till the end of this year.
Elon Musk's current net worth :
Musk's current worth is $199.1 B according to Forbes Billionaires list , his net worth increased by $2.6 B on 16 February, according to the report. The 51 year old Musk is inching closer to again hold the title of being the world's richest person.
Elon Musk's current net worth is $199.1 Billion, and he is projected to cross $216 Billion in coming days, according to various reports online.Insect inspired miniature jumping robot? Here's all you need to know.
Where does Elon Musk's massive net worth comes from? :
Musk is a US born businessman who gets his fortunes from companies he owns, electric car company Tesla is the biggest source of his net worth, as he is Tesla's biggest individual shareholder. Musk owns an estimated 74% of Twitter.
Musk is also the co-founder of US based aerospace company SpaceX, founded in 2002. The company had a valuation worth $127 billion in May 2022.