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Elon Musk is the World’s Richest Man With $195 Billion Net Worth

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Elon Musk is the World’s Richest Man With $195 Billion Net Worth

Elon Musk has officially toppled Jeff Bezos, Bill Gates, Mark Zuckerberg and others as the world’s richest man with a combined net worth of $195 billion.

The South African American grew his net worth by $25.1 billion in 2021 alone and in the last 12 hours his net worth rose by $13.6 billion after exceeding analysts’ expectations with Tesla production for 2020 despite COVID-19 lockdown and other limitations.

About a year ago, Musk’s net worth was around $28 billion before jumping by $167 billion to $195 billion in January 2021.

Elon Musk has now overtaken Jeff Bezos after three years of leading the world’s billionaire chart

Jeff Bezos trailed Musk with $185 billion following a $5.02 billion decline in his total net worth this year. Also, Jeff Bezos gave 25 percent of his total net worth to his ex-wife, MacKenzie Bezos (now Scott), in 2019 when the two divorce.

Bill Gates remained the third richest man with $134 billion and has gained $1.8 billion in 2021. Bernard Arnault and Mark Zuckerberg came fourth and fifth with $116 billion and $102 billion, respectively. See the details below.

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

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