August 18, 2022

By Stephen M. Lepore For Dailymail.Com

Elon Musk continues to develop his standing because the world’s richest man as his web price continues to skyrocket over the remainder of the highest earners in 2022.  

Within the newest Forbes listing, Musk, 50, elevated his web price to $282billion, which is over $100billion richer than Amazon founder Jeff Bezos, whose web price is $183.6billion.

The Tesla and SpaceX CEO was one of many greatest beneficiaries from the Covid-19 pandemic, as his web price sat at simply $26.6billion at first of 2020.  

In 2020, Musk’s wealth grew by over $110billion, which is the report for anybody within the historical past of Forbes monitoring such numbers.

Musk gained one other $90billion in 2021, as he knocked Bezos off the highest of the Forbes wealthy listing to start the 12 months. 

Within the newest Forbes listing, Elon Musk, 50, elevated his web price to $282billion, which is over $100billion richer than Amazon founder Jeff Bezos

Amazon founder Jeff Bezos, whose net worth is $183.6billion, as been lapped by Musk on the Forbes rich list

Amazon founder Jeff Bezos, whose web price is $183.6billion, as been lapped by Musk on the Forbes wealthy listing

The brand new Twitter board member noticed his wealth peak at round $340.4billion when shares in Tesla hit report highs in November 2021.  

The ten richest individuals on earth 

1. Elon Musk, $282billion 

2. Jeff Bezos, $183.6billion 

3. Bernard Arnault, $167.4billion

4. Invoice Gates, $134.2billion

5. Warren Buffet, $127.3billion

6. Larry Web page, $113.4billion

7. Larry Ellison, $113billion

8. Gautam Adani, $112.9billion

9. Sergey Brin, $109billion

10. Mukesh Ambani, $99.6billion 

Supply: Forbes

Musk is now $115billion richer than LVMH CEO Bernard Arnault, the third richest man on the planet with a web price of $167.4billion.  

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He’s additionally nicely previous the numbers for Microsoft founders Invoice Gates ($134.2billion) and Steve Ballmer ($97billion). 

In April 2012, Musk signed the Giving Pledge and dedicated to donate the vast majority of his wealth to handle a few of society’s most urgent issues.

That mentioned, together with his present wealth, he might theoretically purchase all 32 Nationwide Soccer League groups – at the moment price over $112billion – and nonetheless have scratch to purchase all 30 NBA groups at about $61billion, all 30 Main League Baseball groups at $54billion and all 32 Nationwide Hockey League groups at round $26.7billion. 

The native South African is price solely about $35 billion lower than the gross home product of his residence nation, whose GDP is $335 billion, the World Financial institution says. 

The SpaceX pioneer’s web price exceeds the GDPs of Colombia, FInland. Pakistan, Chile and Portugal. 

Musk has grow to be Twitter’s largest shareholder after shopping for a 9.2 per cent stake within the social media firm 

He purchased practically 73.5 million shares, a doc filed with the US Securities and Alternate Fee reveals.

It means the Tesla co-founder has greater than quadruple the shares of Twitter’s founder Jack Dorsey, who owns 2.25 per cent. 

His passive stake within the firm is valued at as much as $2.9billion primarily based on the inventory’s Friday shut, and the estimated price of the deal was $2.4billion, in accordance with the inventory value on March 14 when he purchased the shares.

The information prompted Twitter’s inventory to soar by greater than 26 per cent in pre-market commerce earlier than Wall Road opened on Monday, which means his shares at the moment are price round $3.6billion, incomes him an $1.2billion in three weeks. 

Gates has a net worth of $134.2 billion, while Balmer’s net worth stands at $97 billion

Gates has a web price of $134.2 billion, whereas Balmer’s web price stands at $97 billion