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- Tesla CEO Elon Musk surpassed Amazon CEO Jeff Bezos on Thursday to become the richest person in the world.
- Tesla’s surging share price pushed Musk’s net worth to around $ 187 billion as of Thursday morning.
- On Twitter, Musk reacted to the news saying “How strange” and “Well let’s get back to work …”
- Visit the Business Insider home page for more stories.
Tesla and SpaceX CEO Elon Musk became the world’s richest person on Thursday, and his reaction is about what one might expect from someone who made a few billion dollars in wealth in addition to his net worth. 12 digits.
“How strange,” Musk tweeted in response to the news Thursday morning. He kept saying “Well, back to work …”
Musk, already an extraordinarily wealthy man at the end of 2019, saw his wealth grow by more than $ 150 billion over the past year, according to the Bloomberg Billionaires Index. Their wealth more than quintupled during a pandemic that killed more than 300,000 people in the United States and put millions more out of work.
Musk receives a very small salary from his companies, so the main source of his net worth of $ 187 billion is his large stake in them. Shares of Tesla rose more than 700% in 2020, making it the most valuable automaker in the world by far.
See Also: Elon Musk’s Net Worth More Than Fivefold In 2020. We Break Down His $ 160 Billion Wealth In Simple Charts
And a stock rally Thursday morning was what allowed Musk to surpass Amazon CEO Jeff Bezos as the richest person on the planet. Bezos held the title since 2017.
Read more: Tesla recovered better than ever after Elon Musk’s worst mistake
The entrepreneur also benefits from a highly complex compensation package that grants him shares when Tesla achieves certain goals. That made Musk the highest-paid executive in 2020.
Musk claims to have ambitious plans to spend his extraordinary wealth. On Thursday, he changed the pinned post on his Twitter profile to a 2018 tweet promising to dedicate his money to trouble on Earth and establish a colony on Mars.
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