TechBookyBusiness
No Result
View All Result
Tuesday, July 5, 2022
  • Login
  • Home
  • TechBooky
  • Africa
  • TV
  • Startup
  • Earnings
  • Crypto Price
  • Submit Article
  • Contact Us
  • About Us
Subscribe
TechBooky Business
No Result
View All Result
Home Personnel

Elon Musk Is The World’s Richest Man Again After Tie With Jeff Bezos

Ibhadojemu Lucky Emmanuel by Ibhadojemu Lucky Emmanuel
August 13, 2021
in Personnel
Share on FacebookShare on Twitter

Elon Musk, CEO of Tesla and Space X and also known as Technoking, Dogefather, you name it, is once again the world’s richest person on earth.

The wealth of the fifty-year-old entrepreneur surged after Thursday’s trading sessions in the United States where Elon Musk recorded daily gains of about $3.52 billion. With a crown of $196 billion, Elon Musk now sits on the throne of Bloomberg’s Billionaires Index. The visionary entrepreneur benefited from the rise of Tesla’s share price which increased by 2.2 percent on Thursday. The value of the world’s biggest electric vehicle manufacturer currently stands at $715 billion, with about 123 percent yearly growth.

Elon Musk has developed the most innovative companies in the world such as PayPal, SpaceX, and Tesla. He is known for his transformational leadership and big, sometimes outrageous, ideas. It, therefore, comes as no surprise that he has the world at his feet.

As of the beginning of 2020, the business magnate was not among the top 50 richest people in the world. Throughout 2020,  his net worth increased by $150 billion, largely driven by his ownership of around 20% of Tesla stock. In November last year, Elon Musk passed Facebook co-founder Mark Zuckerberg to become the third-richest person in the world; a week later he passed Microsoft co-founder Bill Gates to become the second-richest.

In January 2021, with a net worth of $185 billion, Elon Musk became the world’s richest person for the first time, surpassing Amazon founder Jeff Bezos, who had been the richest man since 2017. Jeff Bezos however reclaimed the title as the world’s richest person the following month, after he overtook Elon Musk.

Apart from news that Tesla is making strong deliveries from its factory in China, Tesla’s shares surge may have been brought about by a generally bullish day for growth stocks. More than 50 percent of Tesla’s vehicle deliveries are expected to increase each year. China, where Tesla’s factory contributed to nearly 40 percent of the company’s installed manufacturing capacity in Q2, is critical to achieving this target.

As of February 2020, Elon Musk owns 20 percent of Tesla, and he is entitled to receive billions more from his payroll agreement based on Tesla stock, in other words, the world’s richest man is bound on getting richer.

Elon Musk has moved past, Amazon’s founder Jeff Bezos, who is now worth $194 billion and who, some days ago, tied on the title as the world’s richest person with Elon Musk.

Total
1
Shares
Share 1
Tweet 0
Pin it 0
Share 0

Related Posts:

  • Jeff Bezos And Elon Musk Tie For The Title Of World's Richest Person
    Jeff Bezos And Elon Musk Tie For The Title Of World's…
  • Jeff Bezos Back To World's Richest Man After Elon Musk Suffers Losses
    Jeff Bezos Back To World's Richest Man After Elon Musk…
  • Elon Musk Reveals He Will Pay More Than $11 Billion In Taxes This Year
    Elon Musk Reveals He Will Pay More Than $11 Billion In Taxes…
  • Elon Musk's Rise To World’s Richest Man And Why He Could Become The World’s First Trillionaire
    Elon Musk's Rise To World’s Richest Man And Why He Could…
  • Tesla Loses $200 billion In Market Value Following Bitcoin Investment
    Tesla Loses $200 billion In Market Value Following Bitcoin…
  • Bitcoin Jumps 4% After Elon Musk Tweets His Contact With Bitoin Miners
    Bitcoin Jumps 4% After Elon Musk Tweets His Contact With…
  • Elon Musk Says He's Almost Done With Stock Sales
    Elon Musk Says He's Almost Done With Stock Sales
  • Elon Musk Calls himself The “Ultimate Holder”, Says He Has Not And Will Not Sell Dogecoin
    Elon Musk Calls himself The “Ultimate Holder”, Says He Has…
Tags: elon muskrichest personwealth
Previous Post

Poly Network Says More Than Half Of Stolen Assets Have Been Returned

Next Post

Poly Network Rewards Hacker With $500,000 ‘Bug Bounty’

Next Post
Poly Network Rewards Hacker With $500,000 ‘Bug Bounty’

Poly Network Rewards Hacker With $500,000 'Bug Bounty'

No Result
View All Result

Get top tech business news in your inbox

subscription from
Loading

Crypto Price List

  • USD
  • EUR
  • GPB
  • AUD
  • JPY
  • TadpoleTadpole(TAD)
    $7.32-1.74%
  • SEENSEEN(SEEN)
    $2.05-2.27%
  • EvedoEvedo(EVED)
    $0.082301-0.80%
  • MarginswapMarginswap(MFI)
    $0.184213-2.11%
  • SakeTokenSakeToken(SAKE)
    $0.0127135.28%
  • WTF TokenWTF Token(WTF)
    $0.0113500.17%
  • BNSD FinanceBNSD Finance(BNSD)
    $0.005461-5.83%
  • RobotinaRobotina(ROX)
    $0.00266138.50%
  • CageCage(C4G3)
    $0.005010-3.67%
  • YAM v2YAM v2(YAMV2)
    $4.70-1.41%

Recent Posts

  • South African Crypto-focused Company H20 Water Securities Secures $150 Million Funding Via The Sale Of Its H20N Token
  • Financial Inclusion In Nigeria Grew To 45 Percent In 2021 – World Bank
  • Meta Is Shutting Its Novi Digital Wallet By September 1st
  • Crypto Is The Answer To Financial Inclusion, Central African Republic’s President Says Amid Huge Aversion For Its Adoption Of Bitcoin
  • Popular Bitcoin Family Reveals They’ve Had Bitcoin Losses Of Up To $1 Million This Year

Categories

  • Acquisition
  • Acquisition & Merger
  • App
  • Banking
  • Capital
  • Cryptocurrency
  • Earnings
  • Ecommerce
  • Economy
  • Enterprise
  • Event
  • Funding
  • Gadget
  • Government
  • internet
  • Investment
  • Market
  • Merger
  • Money
  • Partnership
  • Personnel
  • Service
  • Social Media
  • Startup
  • Stocks
  • telecom
  • Venture Capital

Get top tech business news in your inbox

subscription from
Loading

Popular Tags

Acquisition africa amazon apple bitcoin cbn china coinbase company crypto cryptocurrency e-commerce earnings earnings season elon musk facebook fintech Funding gadget google government india internet Investment ipo kenya microsoft money netflix nigeria payment payments Q1 revenue russia service shares social media Startup Stock tech tesla twitter Ukraine whatsapp

Calendar

July 2022
M T W T F S S
 123
45678910
11121314151617
18192021222324
25262728293031
« Jun    

Categories

  • Acquisition
  • Acquisition & Merger
  • App
  • Banking
  • Capital
  • Cryptocurrency
  • Earnings
  • Ecommerce
  • Economy
  • Enterprise
  • Event
  • Funding
  • Gadget
  • Government
  • internet
  • Investment
  • Market
  • Merger
  • Money
  • Partnership
  • Personnel
  • Service
  • Social Media
  • Startup
  • Stocks
  • telecom
  • Venture Capital

Recent News

  • South African Crypto-focused Company H20 Water Securities Secures $150 Million Funding Via The Sale Of Its H20N Token
  • Financial Inclusion In Nigeria Grew To 45 Percent In 2021 – World Bank
  • Meta Is Shutting Its Novi Digital Wallet By September 1st
  • Crypto Is The Answer To Financial Inclusion, Central African Republic’s President Says Amid Huge Aversion For Its Adoption Of Bitcoin
  • Popular Bitcoin Family Reveals They’ve Had Bitcoin Losses Of Up To $1 Million This Year
  • June Was Bitcoin’s Worst Month On Record After The Flagship Crypto Lost 40 Percent Of Its Value

© 2021 Techbooky Business - Design by Techbookyelite.

No Result
View All Result
  • Home
  • TechBooky
  • Africa
  • TV
  • Startup
  • Earnings
  • Crypto Price
  • Submit Article
  • Contact Us
  • About Us

© 2021 Techbooky Business - Design by Techbookyelite.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoinBitcoin(BTC)$19,396.18-1.69%
  • ethereumEthereum(ETH)$1,096.71-0.96%
  • tetherTether(USDT)$1.00-0.17%
  • usd-coinUSD Coin(USDC)$1.00-0.05%
  • binancecoinBNB(BNB)$224.28-0.15%
  • Binance USDBinance USD(BUSD)$1.000.10%
  • rippleXRP(XRP)$0.315966-2.08%
  • cardanoCardano(ADA)$0.448696-3.90%
  • SolanaSolana(SOL)$33.50-2.24%
  • dogecoinDogecoin(DOGE)$0.065939-3.07%
  • polkadotPolkadot(DOT)$6.68-4.56%
  • Shiba InuShiba Inu(SHIB)$0.000010-1.79%
  • AvalancheAvalanche(AVAX)$16.81-3.58%
  • matic-networkPolygon(MATIC)$0.4978615.02%
  • Terra Luna ClassicTerra Luna Classic(LUNC)$0.000071-5.36%
Posting....