Jeff Bezos, the richest man on earth, seems to be getting slowly reached by the second richest man on earth. As of the beginning of 2021, Elon Musk has just reached $170 billion! This means that the gap between the two billionaires is now only $20 billion!
Elon Musk's Real-Time Net Worth January 2021
The last report on Elon Musk's wealth was an article by BBC stating the billionaire was worth $128 billion on November 24, 2020. As of the moment, Elon Musk is now worth $170 billion which meant his wealth has soared by $42 billion in only a little over a month! As of January 1st, just about 38 days from the last report, Elon Musk has started closing in on Jeff Bezos.
To properly understand how fast Elon Musk's wealth has grown, in those 38 days, he has earned a total of $48 billion. Even if the wealth was evenly distributed through 38 days, Elon Musk would have earned about $1.1 B a day! The first day of January 2021 even saw Elon Musk with a massive $2.47 billion surge according to the Bloomberg Billionaires Index.
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Elon Musk's Tesla has made a number of investors really happy as well as the company stock goes up to $705.62 according to NASDAQ. According to a report by TheDrive 2 days ago, Tesla is now worth a whopping $631 Billion! This has reportedly been the major reason for Elon Musk's wealth soaring high as he estimatedly owns 20% of his own company according to an article by CNBC.
Jeff Bezos, on the other hand, the richest man on earth as of the moment, owns only 10% of his company Amazon according to a report by Markets.BusinessInsider. The company, however, is valued at a whopping $1.7 trillion by BusinessInsider. The massive wealth of the company has been good to Jeff Bezos' 10% and although he owns less than Elon Musk, Amazon is about 3 times bigger than Tesla in total.
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However, with Elon Musk owning more shares in Tesla, should the company outdo Amazon, Elon Musk's wealth would reportedly soar higher due to him owning more shares. As of the moment, it seems like the two are competing for the top spot with the third richest person in the world, the reigning Bill Gates, falls massively behind at $132 billion.
This means that although Bill Gates used to be the richest person in the world left unchallenged back in the day, he is now worth $38 billion less than Elon Musk who is at $170 billion. This also puts Bill Gates at a whopping $58 billion behind Jeff Bezos who is currently at the top spot but this might change in only a matter of time as Tesla and Elon Musk's performance have aggressively been growing.
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This article is owned by Tech Times
Written by Urian Buenconsejo
