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Crypto friend” Elon Musk is now the richest person in the world

Posted on 9. January 2021 in Ethereum

Crypto friend” Elon Musk is now the richest person in the world

The Tesla boss’s current Bitcoin fortune is still small, but the cryptocurrency may soon gain an influential investor.

The personal wealth of Elon Musk, who is the CEO The News Spy of both rocket builder SpaceX and car maker Tesla, has surpassed the personal wealth of Amazon founder Jeff Bezos.

“Elon Musk is now the richest person in the world as his personal wealth now exceeds $185 billion,” as reported by the BBC accordingly on Thursday.

In the process, the notorious entrepreneur has drastically increased his wealth over the last year

“Musk was still at 27 billion US dollars at the beginning of 2020 and was not even among the 50 richest people in the world,” as CNBC confirms to that effect. In turn, the sudden rise is explained as follows:

“Tesla’s stock price, which has increased ninefold in the past year, has combined with a spendthrift salary to add more than $150 billion in new wealth to his account.”

After the crash at the start of the Corona crisis in March 2020, Tesla shares had initially slipped to US$70. By 2021, however, the TSLA stock had climbed to more than US$800, with a split completed in August 2020.

So Musk currently has even more reason to be happy than the crypto community, although the entrepreneur, who was also involved in the founding of PayPal, has so far communicated a very ambivalent opinion about cryptocurrencies.

Accordingly, he owns only 0.25 Bitcoin (BTC) so far, as he himself had stated in May 2020. Although Musk has repeatedly spoken positively about the joke cryptocurrency Dogecoin (DOGE), this is probably to be understood more as a joke.

However, MicroStrategy CEO Michael Saylor, who has invested heavily in Bitcoin with his company over the past year, recently offered to tell the Tesla boss about his investment strategy. So maybe even the richest person in the world will soon be able to get excited about the crypto market leader.