This Is What Makes Elon Musk 'kick' Jeff Bezos' Position
JAKARTA - Tesla founder and CEO Elon Musk is now the richest person in the world after successfully displacing Amazon CEO Jeff Bezos. Bezos himself has occupied the position of the richest person since 2017.
According to the Bloomberg Billionaire Index, which was quoted on Friday, January 8, Musk's total wealth reached 195 billion US dollars, equivalent to Rp2,730 trillion (based on an exchange rate of Rp.14,000 per US dollar).
The position currently occupied by Musk is driven by the increase in the share price of Tesla, an electric carmaker, in United States (US) stock exchange trading on Thursday January 7.
Due to the increase in share price, Musk's wealth surpasses Jeff Bezos. Currently, Jeff Bezos' total wealth is recorded at US $ 185 billion or equivalent to Rp. 2,590 trillion.
Elon Musk just entered the ranks of the second richest person in the world in November. He even shifted Bill Gates from that position. In a span of about three months, the Tesla boss has managed to perch on the top position of the richest person in the world.
Musk's wealth increase is the fastest on the list of the richest people in the world. In addition, Musk's increase in wealth is also quite dramatic because 18 months ago, Tesla made headlines due to capital problems.
For your information, Tesla's shares have experienced rapid growth in the past year, even though the world automotive industry has been stagnating due to the COVID-19 pandemic.
According to The Verge, Musk has dramatically increased sales of his electric vehicles thanks to the more affordable Model 3 sedans and Model Y SUVs.