Elon Musk’s fortune exceeds $ 200 billion: he is the richest man in the world again – Forbes France

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Elon Musk became the third person to have a fortune of $ 200 billion on Monday, thanks to the growing participation of Tesla that made him the richest person in the world.

They are exploit suit le fondateur d’Amazon et spatial rival Jeff Bezos, who atteint pour la première fois the barre des 200 million dollars in year 2020, et le magnat du luxe Bernard Arnault, who fait pendant une courte periode le last month. Shares in Tesla, Elon Musk’s electric vehicle company, continued to rise for four months, closing 2.2% at $ 791.36, their highest level since February this year. Elon Musk got rich at $ 3.8 billion on Monday and his fortune was $ 203.4 billion at the close of the market. He surpasses Jeff Bezos, whose fortune fell by $ 1 billion on Monday to $ 197.7 billion, due to a 0.6% drop in Amazon shares.

Elon Musk is even richer today than he was at Tesla’s heyday in January, when he briefly became the world’s richest tycoon for the first time, because he received additional stock option awards that increased his stake in Tesla; owns about 73.5 million Tesla options worth about $ 53 billion. Elon Musk owns more than a fifth of Tesla; Forbes deducts a portion of this interest to account for the shares it promised as collateral for loans.

Shares of Tesla soared more than 720% in 2020, helping to increase Elon Musk’s net worth by more than $ 125 billion in one year.

Elon Musk’s fortune is strongly tied to his stake in Tesla, which ended Monday with a market capitalization of more than $ 792 billion, and SpaceX, which was valued at $ 74 billion after a table round at February. After promising last year that he would get rid of almost all of his personal belongings, including six mansions, he now owns only one house and considers his primary residence to be a 37-square-meter rental unit.

Shares of Tesla soared more than 720% in 2020, helping to increase Elon Musk’s net worth by more than $ 125 billion in one year. After swapping places with Jeff Bezos as the richest person in the world for several days in January, Tesla’s shares began to fall. In April, Bernard Arnault also passed Elon Musk. The unusually frequent swings at the top of the billionaire rankings continued last month, as Elon Musk again became the second-richest person, behind Jeff Bezos.

The couple – who run competing rocket companies – SpaceX for Elon Musk, Blue Origin for Jeff Bezos – also traded jokes about their multi-billion dollar space race. Last month, tensions led to a Blue Origin lawsuit against the federal government to challenge a $ 2.9 billion NASA contract awarded to SpaceX.

Elon Musk did not respond to a request for comment on his net worth and was among the world’s billionaires at the time of publication.

Forbes US Translated Article – Author: Kenrick Cai

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