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Elon Musk Beats Jeff Bezos To Become the Richest Man Alive

Tesla is now in the trillion-dollar club, joining the likes of tech companies Apple, Facebook and Google.
The post Elon Musk Beats Jeff Bezos To Become the Richest Man Alive appeared first on LUXUO.

Elon Musk now claims the title as the richest person alive.

The self-made billionaire has a net worth of US$287 billion, according to the Bloomberg Billionaires Index. And the gap between former first place holder Jeff Bezos and Musk widens to around US$100 billion.

Musk anchored his position as the wealthiest man as his automobile company Tesla?s market value broke through the US$1 trillion mark. This is in light of securing an order for 100,000 of its vehicles from Hertz, a car-renter company. Tesla?s shares surged following the announcement and Musk also broken the record for having the biggest one-day gains in the history of the Bloomberg Billionaires Index.
With the new deal, Tesla joins tech companies Apple, Amazon, Google?s owner Alphabet, Facebook and Microsoft as one of the US firms to surpass the trillion-dollar mark. Musk celebrated this milestone on Twitter by send out a tweet that says, ?Wild $T1mes!?

READ MORE: Tesla: A Forerunner That?s Falling Behind"

Wild $T1mes!— Elon Musk (@elonmusk) October 25, 2021

According to CNBC, Musk?s net worth is now equivalent to the market value of the Japanese carmaker Toyota ? the world?s second largest automaker which is valued around US$238 billion.

Prior to the deal with Hertz, Tesla had al...
Source: luxuo
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