According to the latest reports, Tesla Inc chief and billionaire Elon Musk has become the world’s richest man by surpassing Amazon.com Inc’s top boss Jeff Bezos.

As per the Tesla shares’ gains on Thursday, now Musk has a net worth of $188.5 billion, which is $1.5 billion more than Bezos.

Earlier, Elon Musk added more than $100 billion to his net worth in 2020 had passed Bill Gates as the world’s second-richest person.

According to the details, Elon Musk’s year of dizzying ascents and jagged peaks hit a new apex as he overtook Bill Gates to grab the world’s second-richest ranking.

49y-old’s net worth soared $7.2bn on Mon to $127.9bn, driven by another surge in Tesla’s shares. Musk has added $100bn to his worth.

His rise on the index from the 35th-richest person in January is attributed to his technology company Tesla, which is nearing $500 billion in market value.

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