Elon Musk overtakes Amazon’s Jeff Bezos to become world’s richest person

According to the Bloomberg Billionaires Index, Tesla CEO Elon Musk overtakes Amazon’s Jeff Bezos to become the world’s richest person. Elon Musk had a net worth of more than $188.5 billion.

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A 6% rise in Tesla (TSLA) shares early Thursday lifted the value of its CEO’s stock holdings and options by $10 billion, taking his net worth to about $188.5 billion. A more modest rise of less than 2% lifted Bezos’ Amazon (AMZN) shares by about $3 billion, putting his net worth at $187 billion. Bill Gates is now a distant third at $132 billion, according to Bloomberg.

Important takeaways for all competitive exams:

  • Tesla Founded: 1 July 2003.
  • Tesla Headquarters: California, United States.

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