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Elon Musk Is Just 14 Billion Dollars Away From Becoming The Richest Man On The World

Elon Musk
Elon Musk is just 14 billion dollars away from becoming the richest man on the world. The assets of SpaceX and Tesla founder Elon Musk today amount to more than $ 227 billion, just $ 14 billion less than the world's richest man and founder of Amazon Jeff Bezos. Jeff Bezos has assets of $ 241 billion.
The Bloomberg Billionaires Index, which ranks the total wealth of the world's richest people on a daily basis, largely values ​​a billionaire based on the value of his wealth. His primary assets are largely publicly listed companies, which means that Musk's assets rise and fall are associated with Tesla's stock price.

During the COVID epidemic, there are few better stock options than Tesla. Tesla's stock was worth $ 72 in the middle of May 2020, when the majority of the US was stymied by new cases. It advanced rapidly until January 2021, and this stock is now worth an astonishing $ 729. This gain is 912.5 percent. This means that for every $ 1 USD of Tesla you bought in May, you would have made a profit of about $ 600. The boom comes after Tesla touched its goal of building one and a half million cars in 2020.

Tesla's stock surge in the last 18 months has made it the world's most valuable automaker. Its current market cap is approximately equal to the combined value of the eight most valuable global automakers - Toyota, Volkswagen, Daimler, GM, BMW, Honda, Hyundai and Ford.

Volkswagen, the world's largest automaker, had global sales of just 11 million cars worldwide in 2019. The largest US automaker General Motors had global sales of 7.7 million cars in 2019.

Tags : The World Richest Man, Elon musk, Jeff Bezos, Tesla, SpaceX

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