New York, Ta. 7
Tesla and SpaceX owner Elon Musk has become the richest man in the world. Musk’s fortune overtook Amazon owner Jeff Bezos as the electric carmaker’s share price rose 4.5 percent.
Musk Bezos has surpassed Musk Bezos in the Bloomberg Billionaires Index. The engineer of South African origin has a net worth of 12.5 billion. Jeff Bezos has total assets of 12 billion.
Bezos, who topped the index since October 2016, has a fortune of who 1.5 billion. The last 12 months have been unusual for Musk.
Despite the Corona epidemic, Musk’s total wealth has increased by 150 billion over the previous year. Tesla’s share price has risen 3% in the past year. The company’s share price increase was due to reasons such as continued profitability and inclusion in the S&P 500 index.
Although Tesla has produced only 3 lakh cars in the last one year, its profits have remained consistent.
The wealth of the world’s 500 richest people has risen by 1.5 trillion in the past year.