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Elon Musk Reclaims Position As World’s Richest Man

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Tesla Incorporated Chief Executive Officer, Elon Musk, has reclaimed his position as the world wealthiest man.

Bloomberg Billionaire index revealed that the CEO’s wealth grew to $199.9bn on Thursday after SpaceX conducted a funding round from investors.

For the second time in 2021, the Tesla chief has dominated the billionaire index.

Jeff Bezos, Amazon.com Inc. CEO earlier this week overtook Musk with $194.2bn, to become the richest man.

SpaceX, a rocket company owned by Bezos raised $850m this month from a group of investors led by Sequoia Capital.

The value of the funding pushed SpaceX worth to $74bn. This added $11bn to Musk’s net worth.

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