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Elon Musk is close to surpassing Jeff Bezos as the world's richest person

Elon Musk is close to surpassing Jeff Bezos as the world’s richest person

The Bloomberg At present Billionair Now billionaires own billionaires within $ 3 billion of each other, with Bezos holding $ 184 billion and holding $ 181 billion. According to Bloomberg, Bill Gates ranks third by a wide margin with $ 132 billion.
Another gain in Tesla (TSLA) The stocks raised Musk’s net worth by $ 4.1 billion to $ 165.4 billion, according to Forbes calculations. But Forbes does not appear to be giving Musk credit for the value of the options he received in 2020 for an additional 33.6 million shares in Tesla.

Musk is also the major shareholder of SpaceX, another company of which he is CEO, although SpaceX is privately owned, so its value does not fluctuate as much as that of Tesla.

Bezos’ stake in Amazon shares increased by $ 75 billion in 2020, to $ 173.3 billion, given the massive increase in sales led by the Covid-19 pandemic.

But this is nothing compared to Musk collectibles In Tesla. The value of the 170 million shares in Tesla it already owns increased by $ 106 billion over the course of 2020, with shares up 743% over the year.
The value of the stock options he held at the start of the year increased by $ 14.2 billion, while the value of the stock increased New options acquired During the year as part of his salary package it was valued at $ 21.5 billion at the end of the year.
musk Gates caught For the title of the world’s second richest person in late November, but Tesla’s shares have increased in value by 45% since then, raising Musk’s net worth by $ 53 billion over the past two months.

Tesla shares got off to a good start in 2021, rising $ 50.31 a share, or 7%, since the start of this year. This raised Musk Tesla’s holdings and options by another $ 11 billion this year. Meanwhile, Amazon shares have lost nearly 4% of its value.

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Musk is set to qualify for options to buy another 16.9 million shares of Tesla early this year, according to company filings. These options will be valued at $ 11.6 billion in current equity, after taking into account the exercise price.

Bezos does not have any stock options on Amazon, only 53.2 million shares he has as the founder of the company. He would have had more had he not given 19.7 million shares to his ex-wife, MacKenzie Scott, in his divorce. Bezos also sold or ceded shares as part of his charitable donations. Musk never disposed of any Tesla stock.

Musk did not approach Bezos alone. ExxonMobil, the most valuable oil company in the United States, has a market capitalization of $ 188.6 billion. So Musk, a vocal advocate of converting drivers around the world from gas and diesel to electric cars, is close to being as valuable as one of America’s largest oil companies.