Elon Musk overtakes Bill Gates to become 2nd-Richest Person on Earth

Elon Musk overtakes Bill Gates to become 2nd-Richest Person on Earth

After overtaking the social media mogul "Mark Zuckerberg", Elon Musk didn't stop and overtakes Bill Gates to become the world's second richest person behind Jeff Bezos with a net worth of $128 billion (Elon Musk's Net Worth is $128 billion now).

To all the tech-lovers who want to change the world completely, this is news that sparkes energy as Elon Musk is doing the same with his never ending dreams and outstanding outputs in the names of SpaceX, Tesla, Starlink, Hyperloop, and more.

There was a time when Microsoft's co-founder Bill Gates was the richest person in whole world and then Jeff Bezos took the title with his massive growth from Amazon. While nobody thought about seeing Elon Musk on the list of top 10 richest people in the world, he was ranked behind the top 30 richest people in the world at 35th spot in January 2020 and now ranked at 2nd spot for the top 10 richest people on earth. Yes, this itself a record breaking story that put a person to the richest people's list in just a year.

Just a week ago, Elon Musk was ranked at the 3rd richest person on earth ahead of Facebook Co-Founder and now as well as Bill Gates just behind Jeff Bezos who is becoming wealthier and wealthier with his giant company Amazon.

If you are asking how Elon Musk is earning that much money and if you are looking for the answers, then let you know that 3-quarters of Musk's total net worth is being generated from Tesla shares.

Adding over $100 billion to his net worth in 2020, Musk is quickly grabbing the title of being the world's wealthiest person and also the fastest richest person in the history of the world. If he keeps adding billions to his net worth at this speed, in mid-2021 he will surely surpass the net worth of Jeff Bezos.

"The year has been a lucrative one for the world’s richest people. Despite the pandemic and widespread layoffs that have disproportionately affected the world’s working class and poor, the members of the Bloomberg index have collectively gained 23%, or $1.3 trillion, since the year began," said Fortune.

It means these entrepreneurs with billions in their hands are unbreakable and wouldn't stop earning more billions to reach a trillion-dollar net worth.