Elon Musk is now the richest in the world


Owner of Tesla and SpaceX, Elon Musk has overtaken Jeff Bezos to become the richest man in the world. Musk’s net worth is now $222 billion while Jeff Bezos’s Amazon Inc is now worth $190.8 according to Bloomberg Billionaires Index.

Both the billionaires are trying to revolutionize the space industry. Bezos’s Blue Origin is challenging a US government contract with SpaceX to develop technology to land people on the moon again.
Musk added about $9 billion to his fortune after he made an agreement with investors valued SpaceX in excess of $100 billion more than quadruple the size of Blue Origin according to Bloomberg’s wealth index.
However Musk gets most of his wealth from Tesla, which he co-founded in 2003 after he made a huge fortune from the sale of e-commerce site PayPal to eBay Inc for a whopping sum of $1.5 billion.



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