According to Forbes’ Real-Time Billionaires List, Tesla owner Elon Musk continues to top the list of the world’s richest people. His net worth reached nearly $684 billion on Tuesday. This increase in Musk’s wealth is mainly due to the rapid growth of his company SpaceX. According to media reports, SpaceX may go public next year. Let’s take a look at the five richest people in the world…
Musk’s wealth increased by $168 billion
In recent times, Musk’s wealth has increased tremendously. On Monday, his net worth increased by approximately $168 billion, and the next day, it increased by another $8 billion. After this increase, Musk’s total net worth becomes approximately $684.2 billion. Experts believe that the main reason for this sudden increase is his company SpaceX. SpaceX is preparing for an IPO next year, and its potential valuation could be around $800 billion. Musk owns about 42 percent of the company, so this has directly benefited his overall net worth. Musk also has a 12 percent stake in Tesla. Despite the decline in sales this year, the company’s shares have increased by 13 percent, giving Musk a huge profit.
Top 5 richest people in the world
The richest person in the world is Elon Musk. After him, Alphabet co-founder Larry Page is in second place. Larry Page’s net worth is approximately $252 billion. In third place is Oracle founder Larry Ellison, whose net worth is $239.8 billion. Jeff Bezos and Sergey Brin are at fourth and fifth position respectively. Jeff Bezos’s net worth is approximately $235.2 billion.
