elon musk richest man in the world

Elon Musk, is not only a billionaire-entrepreneur, but is also the richest person alive.

Musk increased his net worth to $282 billion, which is over $100 billion richer than Amazon founder Jeff Bezos, whose net worth is $183.6 billion.

Musk owns around 17 per cent stake in Tesla Inc., which is a publicly listed company. 

Musk was one of the biggest beneficiaries from the COVID-19 pandemic, as his net worth sat at just $26.6 billion at the beginning of 2020.

Musk is now $115 billion richer than LVMH CEO Bernard Arnault, the third richest man in the world with a net worth of $167.4 billion, the report said.

Twitter CEO Parag Agrawal has said that the micro-blogging platform will not appoint Musk to its board of directors, after initially deciding to give Musk a seat on the board.

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