Elon Musk Net Worth: According to Forbes’ Real Time Billionaires List, Tesla owner Elon Musk remains at the top of the list of the world’s richest people. On Tuesday, his total wealth reached the figure of around $684 billion.
The growth of SpaceX company was the main reason behind this increase in Musk’s wealth. According to information received from media reports, SpaceX may enter the stock market next year. Let us know who are the 5 richest people in the world…
Musk’s wealth increased by $168 billion
In recent times, there has been a tremendous increase in Musk’s wealth. On Monday, his net worth increased by about 168 billion dollars and the next day about 8 billion more dollars were added to it. After this increase in assets, Musk’s total wealth has reached around $684.2 billion.
Experts believe that the major reason for the sudden surge could be his company SpaceX. SpaceX is preparing to launch an IPO next year and its potential value could be around $800 billion. Musk holds about 42 percent stake in the company, so its direct benefit is visible on his total wealth.
Musk also holds 12 percent stake in Tesla company. Despite the decline in sales this year, a rise of 13 percent has been recorded in the company’s shares. Due to which Musk has made huge profits.
Top 5 richest people in the world
The richest person in the world is Elon Musk. After him, Larry Page, co-founder of Alphabet Company, is at second place. Larry’s total wealth is around $252 billion. At third place is Oracle founder Larry Ellison with $239.8 billion. Jeff Bezos and Sergey Brin remain at fourth and fifth positions. Jeff Bezos’s net worth is around $235.2 billion.
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