For updated global info & data on COVID-19, please click HERE.For updated global data & graphs on COVID-19, please click HERE.For COVID-19 cases and death counts in USA by state, please click HERE.For COVID-19 cases in Florida via Florida COVID Action, please click HERE.For COVID-19 cases in Florida, via Florida state government, please click HERE.As his fortune continues to grow at an unprecedented rate, Elon Musk has now become the wealthiest person on planet earth, officially overtaking Amazon CEO Jeff Bezos. Shares of Musk’s electric-vehicle maker Tesla rose by another 8.2% as of 11:30 a.m. EST on Friday, January 8, 2021, pushing Musk’s net worth up by $12.5 billion, to $189.7 billion. That makes him the wealthiest person on the planet, according to Forbes’ estimates. Despite a report from Bloomberg earlier this week claiming that Musk became the world’s richest person on Wednesday, by Forbes’ calculations, the Tesla chief didn’t officially take the number one spot until Friday morning. He’s now nearly $5 billion ahead of the former world’s number one, Jeff Bezos, who has a net worth of $185 billion as of 11:30 a.m EST, in the video “Elon Musk Becomes The World’s Richest Person, Forbes“, below:
Elon Musk, the outspoken entrepreneur behind Tesla Inc. and SpaceX, is now the richest person on the planet. A 4.8% rally in the electric carmaker’s share price Thursday boosted Musk past Amazon.com Inc. founder Jeff Bezos on the Bloomberg Billionaires Index, a ranking of the world’s 500 wealthiest people. The South Africa-born engineer’s net worth was $188.5 billion at 10:15 a.m. in New York, $1.5 billion more than Bezos, who has held the top spot since October 2017. As chief executive officer of Space Exploration Technologies Corp., or SpaceX, Musk is also a rival to Bezos, owner of Blue Origin LLC, in the private space race. The milestone caps an extraordinary 12 months for Musk. Over the past year his net worth soared by more than $150 billion in possibly the fastest bout of wealth creation in history. Fueling his rise was an unprecedented rally in Tesla’s share price, which surged 743% last year on the back of consistent profits, inclusion in the S&P 500 Index and enthusiasm from Wall Street and retail investors alike. Bezos would still hold a wide lead over Musk had it not been for his divorce, which saw him cede about a quarter of his Amazon stake to his ex-wife, MacKenzie Scott, and his philanthropy. He donated shares worth about $680 million in November. The jump in Tesla’s stock price further inflates a valuation light-years apart from other automakers on numerous metrics. Tesla produced just over half-a-million cars last year, a fraction of the output of Ford Motor Co. and General Motors Co. The company is poised for further near-term gains as Democrats captured both Georgia Senate seats and handed control of Congress to the party that’s advocated for quicker adoption of electric vehicles. Musk, 49, has benefited from Tesla’s stratospheric rise in more than one way. In addition to his 20% stake in the automaker, he’s sitting on about $42 billion of unrealized paper gains on vested stock options. Those securities come from two grants he received in 2012 and 2018, the latter of which was the largest pay deal ever struck between a CEO and a corporate board. Despite his astronomical gains, Musk has said he has little interest in material things and has few assets outside his stakes in Tesla and SpaceX. He told Axel Springer in an interview last month that the main purpose of his wealth is to accelerate humanity’s evolution into a spacefaring civilization. “I want to be able to contribute as much as possible to the city on Mars,” Musk said. “That means just a lot of capital.” Musk tweeted “How strange,” after reports of his new status were published, then added “Well, back to work.” In the video “Elon Musk Surpasses Jeff Bezos to Become World’s Richest Person”, below:
Elon Musk, the outspoken entrepreneur behind Tesla Inc. and SpaceX, is now the richest person on the planet. He passes Amazon founder Jeff Bezos to take the top spot on the Bloomberg Billionaires Index, in the video “Tesla CEO Elon Musk Is the World’s Richest Person“, below:
Today Elon Musk eclipsed Jeff Bezos in becoming the world richest person. In this video Dave Lee shares his reaction, in the video “My Reaction to Elon Musk Becoming World’s #1 Richest Person (Ep. 228)“, below:
Another person’s remark on Elon Musk’s being the richest man on earth, in the video “Elon Musk Is The Richest Man On Earth“, below:
I am a mother/wife/daughter, math professor, solar advocate, world traveler, yogi, artist, photographer, sharer of knowledge/information, and resident of Windermere, FL. I've worked professionally in applied math, engineering, medical research, and as a university math professor in IL and FL for about 20 years. My husband and I loved Disney and moved down to Central Florida initially as snowbirds. But we've come to love the warmth and friendly people offered by this community and decided to move down to Windermere, FL full time in 2006. I am now spending time sharing information/ knowledge online, promoting understanding of math and solar energy (via http://www.sunisthefuture.net ), and developing Windermere Sun (http://www.WindermereSun.com) as an online publication, sharing and promoting Community ABC's (Activities-Businesses-Collaborations) for healthier/happier/more sustainable living. In the following posts, I'll be sharing with you some of the reasons why Windermere has attracted us to become full-time residents of Central Florida region. Please feel free to leave your comments via email at "Contact Us" in the topbar above or via [email protected]
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