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Business

Elon Musk Breaks World Record as Fortune Surpasses $300bn

Elon Musk Breaks World Record as Fortune Surpasses $300bn

  • Elon Musk has broken a world record after the billionaire’s wealth topped $300 billion on Thursday
  • The Tesla CEO has become the first person in modern history to be worth above $300 billion, according to Bloomberg
  • The billionaire’s wealth has surged by $132 in 2021, as Tesla’s market capitalization reached $1 Trillion

Elon Musk has officially become the richest man in modern history after the billionaire’s wealth topped $300 billion on Thursday.

Elon Musk

The billionaire’s wealth has skyrocketed after Tesla reached $1 Trillion in market capitalization, joining an exclusive list of companies.

The company officially attained this landmark earlier in the week when Hertz announced the order of 100,000 electric vehicles to build its rental car fleet.

50,000 of the purchased vehicles will be available to Uber as part of an agreement with the ride-hailing company.

Elon Musk has been the biggest gainer among billionaires in 2021. The Tesla boss’s wealth has surged by $132 this year alone.

At the moment, Musk is worth $302 billion, $103 billion more than his closest rival Jeff Bezos.

In addition to his 21% ownership of Tesla, Elon Musk also owns space exploration company SpaceX.

Tesla Superchargers

Although Musk isn’t the founder of Tesla, he is the company’s largest shareholder, having invested heavily earlier on.

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