Tesla owner Alan Musk surpasses Bezos as the world's richest man

Musk's net worth increases by $ 150 billion in one year
Musk's net worth rises to $ 188.5 billion as electric car maker shares rise 4.8%

Elon Musk, the owner of Tesla and SpaceX, has become the richest man in the world. Musk's fortune surpassed that of Amazon owner Jeff Bezos as the electric car maker's share price rose 4.8%.

Musk Bezos tops the list of the world's top 500 richest people in the Bloomberg Billionaires Index. The South African-born engineer has a net worth of $ 188.5 billion. Jeff Bezos has a net worth of 184 billion.

Bezos Musk's wealth has been at the top of this index since October 2017

 $ 1.5 billion. The last 12 months have been unusual for Musk.

Musk's net worth has increased by $ 150 billion over the past year, despite the Corona epidemic. Tesla's share price has risen 743% in the last year. The rise in the company's share price was due to reasons such as continued profitability and inclusion in the S&P 500 index.

Although Tesla has produced only 5 lakh cars in the last year, its profits have remained steady.

The wealth of the world's 500 richest people has grown by $ 1.8 trillion in the past year.