Elon Musk is on his way to becoming the first man in history to cross the $300 billion net worth mark, with his wealth soaring to a whopping $271.3 billion on Monday, October 25 [It was $283.8 billion, at the time of publishing]. With this, he has left Jeff Bezos—the richest man so far—behind to become the wealthiest person in the history of the world. Bezos’ net worth climbed to $212 billion—the highest ever for any human being until now—in July 2021 when Amazon’s stock peaked, before settling lower at $199.7 billion currently, according to real-time wealth estimates by Forbes.
While Jeff Bezos started Amazon in 1994 out of a garage and took it public in 1997, Tesla was incorporated in 2003, with then PayPal co-founder Elon Musk as one of its biggest investors. He served as a chairman of the board from 2004 and took over as CEO in 2008 after the company’s co-founders quit. Tesla went public in 2010. Musk’s wealth in 2011, post IPO is reported to be $680 million and he became a billionaire with a net worth of $2 billion in 2012 at the age of 40, entering the Forbes billionaires list for the first time ever.
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