Elon Musk – The Richest Man in the World – 2021

Elon Musk – The Richest Man in the World – 2021

In 2021, Elon Musk is declared the richest man on the planet with a net worth of 188 billion dollars. Tesla shares are up 1030 percent and the increased net worth of Elon Musk can be the fastest growth of assets in history. As 2020 is an unfortunate year due to some uncertain problems, but many financial experts consider 2021 a progressive year or a year of change. The world is changing and the recent report shows that Elon Musk just lapped Jeff Bezos in the category of the world’s richest person. But the question is, how did this take place? In March 2020, the stock market substructure and the shares of Tesla skyrocketed by 1030 percent to 816 dollars/share. Elon Musk occurs to possess nearly 241 million of those shares, which shows the wealth accumulation.

Pedal to the Medal:

This kind of growth enables Elon Musk to beat the other billionaires. In the 2020 list of the world’s richest people, Elon Musk would not have grabbed the top 20 list, but the 548 percent increase in the wealth made him the richest person in 2021. Now, he grabbed the first position and Jeff Bezos is at second in this list. Here is the list of the 10 richest people in the world at the start of 2021.

#1 Elon Musk

Wealth – $188 billion  (January 6, 2021)

#2 Jeff Bezos 

Wealth – $184 billion  (January 6, 2021)

#3 Bill Gates

Wealth – $132 billion  (January 6, 2021)

#4 Bernard Arnault 

Wealth – $114 billion  (January 6, 2021)

#5 Mark Zuckerberg

Wealth – $100 billion  (January 6, 2021)

#6 Zhong Shanshan

Wealth – $93 billion  (January 6, 2021)

#7 Warren Buffet

Wealth – $87 billion  (January 6, 2021)

#8 Larry Page

Wealth – $82 billion  (January 6, 2021)

#9 Sergey Brin

Wealth – $79 billion  (January 6, 2021)

#10 Larry Ellison

Wealth – $79 billion  (January 6, 2021)

Is this a permanent position, or Elon Musk retain this position? To be very honest, it depends on the stock price of Tesla. As we know that, a change in the stock price can happen in any path, so if the stock price of Tesla decreases, then it also impacts the position of Elon Musk as the world’s richest person.

We collected this data from

Source: Bloomberg Billionaire Index
Details: Jan 6th, 2021 data

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