News

Elon Musk became the richest man in the history of mankind, his fortune is approaching $ 300 billion

Thanks to huge profits and a large order for electric vehicles from Hertz, Tesla’s market cap surpassed $ 1 trillion on Monday, and CEO Elon Musk has become the richest man in human history.

Forbes estimates Musk’s net worth at market close on Monday at $ 271.3 billion, about $ 41.7 billion more than Friday. For that, he can thank Tesla’s nearly 13 percent jump in stock, plus more than 16 million new stock options worth $ 16.1 billion awarded since Tesla’s latest report.

Musk already has $ 287 billion on the Bloomberg Billionaire Rankings, and Bezos is now more than $ 90 billion behind. When Jeff Bezos was the leader of the rating, his fortune barely exceeded $ 200 million. Neither Bill Gates nor Jeff Bezos have ever had such a fortune, even adjusted for inflation.

Microsoft founder Bill Gates briefly surpassed $ 100 billion in April 1999. Adjusted for inflation today, that’s just over $ 165 billion. When Forbes first began tracking the fortunes of billionaires in 1982, the richest man in America was ship tycoon Daniel Ludwig, who was worth $ 2 billion, or about $ 5.5 billion today.

Morgan Stanley analysts predict that Elon Musk, who made most of his fortune thanks to Tesla, will become the first trillionaire, and SpaceX will help him in this.

 

Related Posts

Gladys Knight on her decades-long friendship with Patti LaBelle: ‘That’s my little sister’

Knight, whose breakthrough came in 1960 when she was 16 years old, was honored at Kennedy Center Honors on Sunday Gladys Knight is getting candid about her relationship with…

Who is Lorena Cartagena, rapper Fat Joe’s glamorous wife of nearly 3 decades?

Fat Joe and Lorena Cartagena have been together since the ’90s Fat Joe and his wife Lorena Cartagena attend The Book of HOV: A TRIBUTE EXHIBITION HONORING JAY-Z…

Who Are Lil Bow Wow’s Kids? Everything We Know About Shai Moss

Bow Wow and Joie Chavis welcomed their daughter, Shai Moss, in 2011 Bow Wow, 𝐛𝐨𝐫𝐧 Shad Moss, is more than a rapper, actor and entrepreneur — he’s also…

Elon Musk: “I Have A Trillion Dollar Plan For Austin Texas!”

Elon Musk Unveils Trillion-Dollar Plan to Transform Austin, Texas into a Cutting-Edge Tech EcosystemMusk has unveiled an ambitious plan to transform Austin into a cutting-edge tech hub, with…

Elon Musk: “I Will Be The New Minister Of Efficiency & These Are My Plans!”

Elon Musk Declares Himself “Minister of Efficiency,” Announces Ambitious Plans to Optimize Multiple Industries and Reshape Daily LifeMusk has just announced the role of “Minister of Efficiency” with…

Elon Musk & Vivek Ramaswamy: “This Is How We Will Save The US From Disaster!”

Elon Musk and Vivek Ramaswamy Team Up to Solve America’s ChallengesThese two prominent figures are committed to tackling major issues like economic uncertainty, the decline of free speech,…

Leave a Reply

Your email address will not be published. Required fields are marked *