It seemed like both Jeff Bezos and Elon Musk have been playing hot potato with the title of The World’s Richest Person in the World. Last year, Bezos had the title of the richest person in the world with his net worth of $184 billion. However, the founder of Tesla Elon Musk has been announced as being the richest person in the world on Jan 7th.
With Thursday’s increase in Tesla’s share price, it pushed Musk’s past Bezos. Causing Musk to open this new year with a new net worth of $185 billion. At the beginning of 2020, Musk started with just a net worth of $27 billion and barely was considered apart of the top 50 richest people in the world. However, Musk’s wealth increased quickly within the last year, which also marked a huge financial turnaround for the entrepreneur.
According to CNBC, in 2020 Musk passed Warren Buffet in July to become the seventh-richest person. Then in November Musk found himself passing Bill Gates to become the second-richest person in the world. Musk gained Gates’ entire net worth of $132 billion in just a year.
With now being considered the richest person in the world, it seems like Musk can practically do anything in the world. With his net worth being able to increase drastically in just a year, it’s quite hard to predict if Jeff Bezos could pass him in this upcoming year of 2021. However, with both of them having such huge businesses, stocks, and other contributors to their wealth you never know which one between the two net worths could increase in just a blink of an eye.