Elon Musk surpasses Jeff Bezos as the richest person in the world

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On the other hand, Musk and Tesla has a great year in 2020. TSLA shares rose 743%. The company’s value is now more than $773.3 billion. Since the beginning of 2021. the company’s stock price already increased more than $100 per share, gifting Musk’s Tesla holdings and options a lift of about $21 billion lift.

Musk also overtook the United States’ most valuable oil company ExxonMobil (XOM). That being said, He is currently worth more than America’s largest oil company, proving that electric cars will soon be the alternative vehicles. According to Tesla filings, Musk is set to qualify for options to buy 16.9 million shares of the company this year. The options stand at $12.3 billion based on the current value of TSLA shares,

Meanwhile, the world’s third richest person is Bill Gates who is now worth $132, according to the index.

The world’s 500 richest people added a 35% increase in net worth, or a $1.8 trillion combined in net worth over the past 12 months.

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