Although Elon Musk is now the world’s richest person, for years he was way off earning more dough than Amazon founder, Jeff Bezos, and a number of his affluent peers.
Elon Musk co-founded and leads Tesla, SpaceX, Neuralink and The Boring Company.
So just how quickly did his billions catch up?
Research by utilities comparison provider Uswitch reveals just how quickly Musk surpassed Bezos’s wealthiness, as his net worth has now crossed $185 billion (£136bn). Of course, Bezos also had to part way with a large amount to his ex-wife as part of a separation settlement.
However, still the success of Tesla and potential of growth of associated businesses such as Spacex has led Musk to become the world’s richest.
You can see exactly when Musk surpassed the top spot in a graphic created by Uswitch, above.
As the co-founder and CEO of Tesla, Elon Musk leads all product design, engineering and global manufacturing of the company’s electric vehicles, battery products and solar energy products.
Since the company’s inception in 2003, Tesla’s mission has been to accelerate the world’s transition to sustainable energy. The first Tesla product, the Roadster sports car, debuted in 2008, followed by the Model S sedan, which was introduced in 2012, and the Model X SUV, which launched in 2015.
Year wise Milestones:
- In 2019: Musk was a whopping 147% away from being richer than Jeff Bezos, having an average net worth of $19,900,000,000 vs $131,000,000,000
- In 2020: Musk’s wealth increased to $129,800,000,000, but it still meant he was 35% off compared to Bezos’s $185,900,000,000
- In 2021: Musk is now finally 5.2% richer than the previous billionaire, who had held the top spot since 2017 ($195,000,000,000 vs $185,000,000,000)