Elon Musk's Remarkable Wealth Surge: From $28 Billion To $85 Billion In Just 8 Months

walkers

Elon Musk's Remarkable Wealth Surge: From $28 Billion To $85 Billion In Just 8 Months

When Elon Musk started the year, his net worth was a mere $28 billion. A quaint number, in retrospect. Quaint because in the last 8 months or so, Elon’s net worth has increased by an astonishing $57 billion. The only human on the planet whose net worth has grown by a larger amount is Jeff Bezos. Jeff's net worth has increased by $73 billion. Combined, Elon and Jeff's net worths have swelled by $130 billion in 8 months. That’s larger than Bill Gates' current net worth of $120 billion. In other words, Jeff and Elon have added an entire Bill Gates – PLUS $10 billion – to their respective fortunes in under a year.

And keep in mind, it wasn't that long ago that we were stunned to see one person's net worth top $100 billion. We now have three people in the world with a net worth over $100 billion (Jeff Bezos, Bill Gates, and Mark Zuckerberg) AND two humans are adding a previously unimaginable amount of wealth to their coffers in less time than it takes to carry a baby to term.

Another astonishingly unpredictable event happened in the last 24 hours. At some point last night or this morning, Elon Musk became the fourth-richest person on the planet for the first time. His $85 billion net worth topped the $83 billion net worth of French billionaire Bernard Arnault.

(ROBYN BECK/AFP via Getty Images)

Bernard is a former member of the $100 billion-net-worth club. Bernard is the Chairman of luxury goods holding company LVMH Moët Hennessy. Bernard's net worth has dropped $21 billion year to date, likely as the world steps back from ultra-luxury goods. I mean, if you’re out of a job, who needs Moët when you can buy a bottle of 2 Buck Chuck, right?

Here’s your new top 4 richest people on the planet as of this morning:

NameNet WorthRank
Jeff Bezos$173 billion1
Elon Musk$85 billion4
Bernard Arnault$83 billion5
Bill Gates$120 billion3
Elon Musk's Wealth Skyrockets Record Surge Since Twitter Purchase
Elon Musk's Wealth Skyrockets Record Surge Since Twitter Purchase

Tesla CEO Elon Musk succeeds Jeff Bezos as the world’s richest person
Tesla CEO Elon Musk succeeds Jeff Bezos as the world’s richest person

Elon Musk's wealth surges by 30 billion after Tesla stock jumps on
Elon Musk's wealth surges by 30 billion after Tesla stock jumps on

Also Read

Share: