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Elon Musk set to become the Richest Person

Elon Musk can do this very easily

If you don’t know who Elon Musk is then you’re probably living under a rock. He’s the Einstein of our generation and probably the smartest man alive in the 21st century.

2020 has been the worst year for most of us but not for Elon Musk. In 2020, millions of people lost their jobs and whatever savings they had. Many small businesses closed and the owners went bankrupt.

On the other hand, Elon Musk added $140 billion to his net worth in 2020 alone and this year hasn’t even ended yet. As of writing this blog, 10 days are still left in 2020. Only god knows what will happen next.

In the beginning of 2020, his net worth was less than $30 billion. But now his net worth is around $167 billion and he’s the 2nd richest person in the world.

Only Jeff Bezos is ahead of him with a net worth of $187 billion but that is said to change as Elon Musk might overtake him as the new richest person in the world.

Just 2 days ago, he added $9 billion to his fortune as Tesla is all set to enter the S&P 500. Tesla shares have soared 731% this year, closing at a record $695 on December 18, 2020.

“Man, Elon Musk is on a Roll.”

He didn’t just increase his net worth but also his family as he welcomed his son who was born on May 4, 2020. He named his son “X AE A-12” which was quite strange, difficult to pronounce and deemed illegal under California Law.

Elon Musk has many roles in different companies such as:-

  • SpaceX – Founder & CEO
  • Tesla – CEO
  • The Boring Company – Founder
  • Neuralink – Co-founder
  • OpenAI – Co-founder
  • Zip2 – Co-founder
  • SolarCity – Chairman

Since his business ventures are diversified, he has multiple sources of income and this will help him to become the new undisputed richest person on the world very soon.

Written by Ali Hasan

I’m a seasoned journalist with expertise in Media & Publishing, Corporate Communications, Market Research, Angel Investing, and PR. I combine storytelling with strategic insights to craft impactful narratives, support startups, and build strong connections.

My work bridges media, business, and innovation, driving meaningful outcomes for brands and communities.

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