In January, Tesla and SpaceX Head Elon Musk became the richest person on Earth, and now he’s set to surpass another major milestone.
As of Friday, Musk is nearing $250 billion USD in total net worth, according to the Bloomberg Billionaire Index. The chart also shows that Musk has gained nearly $80 billion USD this year alone, most recently garnering another $6.85 billion USD.
Musk’s rocketing net worth is thanks to Tesla’s stock hitting new all-time highs today, after an impressive third quarter during the global semiconductor shortage.
Musk also heads the list as the world’s richest person, landing ahead of other top 5 richest billionaires Jeff Bezos ($198 billion USD), Bernard Arnault ($164 billion USD), Bill Gates ($133 billion USD) and Mark Zuckerberg ($127 billion USD).
Breaking: @elonmusk is officially a quarter TRILLION dollar man. His net value is on par with Finland’s GDP. Let that sink in! 🚀
— mclovin (@adamhoov) October 22, 2021
Another notable top 10 richest is Warren Buffett, who backs Chinese automaker BYD, among a wide range of other companies.
Tries to launch some rockets – accidentally summons dark lord
— Elon Musk (@elonmusk) October 22, 2021
Musk has also faced scrutiny around the world from several different sources, most recently undergoing an investigation from a U.S. agency over Tesla’s advanced driver assistance system (ADAS).
Earlier this week, Musk protested the prospective pick for a new National Highway Traffic Safety Administration (NHTSA) as having a history of bias against Tesla, amidst a probe from the agency into Tesla’s Autopilot and first-responder crashes – to which Tesla must respond by today.
Contributing Writer at TeslaNorth.com from California’s southeast Bay Area. Covers electric vehicles, space exploration, and all things tech. Loves a good cup of coffee, live music and puppies. Buying a Tesla? Click here to get 1,000 free Supercharging miles.