Tech Billionaire Elon Musk Becomes Richer Than Any Billionaire Ever

Tech Billionaire Elon Musk Becomes Richer Than Any Billionaire Ever. Tech billionaire and founder of Space X Elon Musk has been named as the richest person in the world according to Forbes Magazine with a net worth estimated to be $243.6 billion, this has made Musk richer than any other billionaire ever.

According to Forbes, Musk added $13.9 billion to his net worth after Hertz announced that it will be buying 100 000 electric vehicles which will mainly consist of the Tesla Model 3 sedans for its car rental fleet. With this Musk is estimated to be the richest person that Forbes Magazine has ever tracked, which makes him the richest person to have ever lived.

It was also reported that Tesla’s has a market capitalisation of $968 billion and due to Musk’s 21% share of the company and his other investments, such as Space X, Musk has been able to attain a net worth that is more than that of Google co-founder Larry Page and Facebook founder Mark Zuckerberg’s net worth combined.

Musk has surpassed his long time rival in the space race, Jeff Bezos to become the richest person ever, Bezo’s net worth is estimated to be $192.8 Billion. With the way Elon Musk’s companies and other investments are growing it can be said that he might reach the trillionaire status soon, this is because his companies especially Tesla are growing at a rapid rate and therefore it is increasing Musk’s wealth at a rapid rate too.

Elon Reeve Musk is an entrepreneur and business magnate. He is the founder, CEO, and Chief Engineer at SpaceX; early stage investor, CEO, and Product Architect of Tesla, Inc.; founder of The Boring Company; and co-founder of Neuralink and OpenAI. Described as a centibillionaire, Musk is the richest person in the world as of according to Forbes Magazine.

By Thomas Chiothamisi

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