Ranking of the ultra-rich: Musk replaces Bezos as the richest person

Ranking of the ultra-rich
Musk replaces Bezos as the richest person

For more than three years, Jeff Bezos was the undisputed richest person in the world. Now the absurd stock market rally by Tesla catapults Elon Musk to the top of the ultra-rich. In the horror year 2020 alone, his fortune grew by a good 150 billion dollars.

Tesla boss Elon Musk has recently become the richest person in the world. Thanks to the electric carmaker's breathtaking rally on the stock market, he passed Amazon founder Jeff Bezos according to the billionaire ranking "Bloomberg Billionaires Index". Accordingly, the fortune of the 49-year-old star entrepreneur rose to $ 188.5 billion on Thursday due to further price gains in Tesla shares, which is the equivalent of 153.7 billion euros. Bezos is the previous leader with a fortune of around 187 billion dollars.

Bezos has held the top spot in Bloomberg's ultra-rich ranking since October 2017. Both the Amazon greener and Musk are major shareholders in their companies. You benefit greatly from their good development on the stock exchange. As the head of the space company SpaceX, Musk is also a competitor of Bezos, who wants to conquer space with Blue Origin. The Amazon founder would still lead the rankings by some distance if he had not given up a quarter of his block of shares to his ex-wife MacKenzie Scott when he divorced in the summer of 2019.

Seven times more valuable than VW

Tesla Motors (USD) 798.59

Despite the Corona crisis, Tesla's share price has risen by more than 700 percent in the past twelve months. Although production is low and profits modest, the company has been by far the most valuable automaker in the world for some time. With a market value of $ 716 billion, Tesla is worth seven times as much as Volkswagen, Germany's most valuable car maker.

Musk's net worth grew a good $ 150 billion over the past year. According to Bloomberg, it's roughly 2.7 million times the average income of a U.S. household.

The figures in billionaire charts such as the "Bloomberg Billionaires Index" or the "Forbes" list are only estimates based on publicly available information on assets such as stocks, real estate, art objects and other luxury goods. The estimates are partly controversial. In the "Forbes Billionaires List" Musk ranked second with a fortune of 173.2 billion dollars – well behind Bezos, who brought it there to 185.9 billion.

. (tagsToTranslate) Economy (t) Elon Musk (t) Tesla Motors (t) SpaceX (t) Wealth (t) Jeff Bezos (t) Amazon (t) Forbes List