Tesla and SpaceX boss Elon Musk becomes richest man in the world

Published on : 07/01/2021 – 19:39

Elon Musk, the founder and boss of Tesla, maker of electric cars, becomes the richest man in the world. The entrepreneur, also the head of SpaceX, passes Jeff Bezos, the boss of Amazon, who held the title of richest man on the planet since 2017.

Thanks to the surge in Tesla’s shares – of which he holds 18% -, Elon Musk, who also heads SpaceX company, exceeds Jeff Bezos by a billion and a half dollars, announces the agency Bloomberg this Thursday, January 7. While the title of Tesla, which has seen its value multiplied by more than 7 in 2020, continues to climb, the fortune of the engineer of South African origin now reaches 188.5 billion dollars.

► To read also: Elon Musk, founder of Tesla and SpaceX, a child from South Africa

Sales of Tesla group Yet remain far from those of traditional manufacturers: it only sold a little less than 500,000 cars in the year 2020, far from Volkswagen and its 11 million vehicles.

But Tesla is benefiting from the investor craze for electric vehicles. The group managed to earn money for five consecutive quarters, which allowed them to enter the prestigious US S&P 500 index. A consecration that gave him access to the richest financial portfolios.

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