Elon Musk Is the World’s Richest Person - LA Lives

A steady rise over the past year has now placed the Tesla and SpaceX CEO on top of the billionaire list.

“How strange,” Musk cheekily remarks in a tweet on the news of his new ranking. He follows this up with another quip, “Well, back to work.” 

Photo by Steve Jurvetson

Ever the irreverent, Elon Musk has become the world’s richest person as declared by the Bloomberg Billionaire Index. Today, Tesla Inc.’s shares surged 7.9% putting Musk’s valuation at $194.8 billion surpassing Jeff Bezos’ standing by $9.5 billion. This new position comes from a steady growth in Tesla’s share price over the past year with a rise of 743% along with its inclusion in the S&P 500 Index upping enthusiasm for retail investors.

Musk has gone on record on multiple occasions stating that he has no interest in material wealth and that he will sell “almost all physical possessions,” and “will own no house.” He has also shared that he is open to feedback in any aspect of his work or status, tweeting, “[By the way], critical feedback is always super appreciated, as well as ways to donate money that really make a difference (way harder than it seems).” These eccentric expressions have been commonplace, especially on Twitter. He plans on focusing his wealth to the collective progression of space exploration and colonizing Mars is a top priority in humanity’s evolution.

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