- What’s New
- New Posts
- Best Posts
Tesla Chief Executive Elon Musk is now the richest person in the world.
With a net worth of more than $185 billion, Musk has bested Amazon founder Jeff Bezos who has a worth of about $184 billion. It’s been a brave journey for Musk, who was willing to wager his own $180 million proceeds from the sale of PayPal to found Tesla and SpaceX.
It’s been a tremendous year for Musk’s fortune with the incredible performance of Tesla’s stock. He started 2020 worth about $27 billion. Tesla’s stock had a 9x increase over the past year.
Musk recently pinned a 2018 tweet to his Twitter profile that outlines his plans to use his wealth.
“About half my money is intended to help problems on Earth and half to help establish a self-sustaining city on Mars to ensure continuation of life (of all species) in case Earth gets hit by a meteor like the dinosaurs or WW3 happens and we destroy ourselves,” Musk said.