The world’s richest man has changed in three years… Musk, overtaking Bezos (general)

Net assets of 206 trillion won in Tesla stock price surge… More than 164 trillion won in the first year

Elon Musk Tesla Chief Executive Officer
Elon Musk Tesla Chief Executive Officer

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(New York = Yonhap News) Correspondent Kang Gun-taek = The founder, Elon Musk, has become the richest man in the world due to the surge in the stock price of Tesla, an electric car company in the United States.

Bloomberg News said that as of 10:15 am on the 7th (local time), Musk CEO’s net worth was $188.5 billion (about 206 trillion won), beating Amazon CEO Jeff Bezos by $1.5 billion (about 1.6 trillion won). Reported.

According to CNBC broadcasts, Musk’s net worth exceeded the base of 184 billion dollars (about 201 trillion won) at 185 billion dollars (about 202 trillion won).

It was only 3 years and 3 months that the title of the world’s richest man changed.

In the Bloomberg Billionaires Index, Bezos has never surrendered this position in more than three years since it topped the list in October 2017.

On the other hand, Musk was barely in the 50th place with a net worth of $27 billion (about 29.5 trillion won) in early last year.

However, the ranking of billionaires fluctuated as Tesla’s stock price soared 743% over the past year and continued to surge even after the year changed.

In 2020, Musk’s net worth increased by more than $150 billion (about 164 trillion won), the fastest growing in history, Bloomberg said.

Musk dancing at the Model 3 event held in Shanghai, China last January.
Musk dancing at the Model 3 event held in Shanghai, China last January.

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Driven by a soaring share price, Musk surpassed legendary investor Warren Buffett in July last year, taking the 7th place in the world’s top rankings, and in November, winning second place, even surpassing Microsoft founder Bill Gates.

Musk owns a 20% stake in Tesla, and unrealized book profits from stock options are also worth $42 billion (about 46 trillion won). There are few other assets.

On the other hand, for Bezos, the rise in Amazon’s stock price has recently eased, allowing Musk to pursue. This is because the Democratic Party’s sweeping Washington government is expected to tighten regulations from the new year.

Musk and Bezos are rivals not only in the rich rankings, but also in the business area.

Musk, a South African native, operates a private space exploration company SpaceX in addition to Tesla, and Bezos also runs Blue Origin, a space exploration company.

In particular, Musk is said to have little interest in his own wealth and will not spare money to achieve the dream of the opening of the space age.

In a recent interview, he said, “I want to contribute as much capital as possible to the city of Mars.”

Bloomberg News pointed out that Tesla’s stock price, which produced only 500,000 electric vehicles in the past year, is far from performance, but predicted that the Democratic Party’s administration and parliament would give strength to the electric car era.

Amazon CEO Jeff Bezos attends antitrust hearing in US House of Representatives
Amazon CEO Jeff Bezos attends antitrust hearing in US House of Representatives

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