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Elon Musk is already no longer the richest man in the world

Elon Musk is already no longer the richest man in the world

Tesla boss is ironed behind Jeff Bezos, but it might not last

Last weekend, Elon Musk touched the stars by becoming the richest man in the world  with a fortune then estimated at 188.5 billion dollars. But here he is already back on the second step of the podium while Tesla’s stock price dropped slightly on Monday. An 8% drop in value which saw the entrepreneur’s portfolio shrink by $ 13.5 billion.

Therefore, Jeff Bezos  recovered his first place. However, the gap between the boss of Amazon, dethroned for the first time since 2017, and Elon Musk is slim. Indeed, Jeff Bezos exceeds his main competitor by only a trifle of $ 6 billion while the shares of the e-commerce giant also experienced a slight decline at the start of the week. In fact, the scales could tip again in the side of the boss of Tesla in a short time.

Tight podium

If Elon Musk saw his fortune explode in 2020 – an additional $ 150 billion since March according to Forbes , it is obviously thanks to the stock market success of Tesla and SpaceX.

The value of the self-driving car company has jumped 720% in the space of a year and is now worth more than Facebook . Stratospheric figures which recently led the board of directors of the firm to offer its founder a few million additional shares whose cumulative value exceeds $ 6 billion if we rely on last Monday’s prices. An operation which, if it has yet to be validated by the financial authorities, could allow Elon Musk to return to Jeff Bezos.

Par Jules Bercy

A writer a blogger passionate about science, history politics, the general knowledge of our planet and the Universe...

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