Elon Musk Is Now The Richest Person In The World But He Is Willing To Sell All His Possessions

Elon Musk, the person behind the success of Tesla and Space X,  has been crowned with “The Richest Person On Earth” with a net worth of $188.5 Billion.

Jeff Bezos, who previously topped the spot since October 2017, is now on the second position after the South-Africa born engineer increased his worth $1.5 billion more than Jeff Bezos.

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The exponential rise in the stock prices of Tesla fuelled excessively and extraordinarily over years and Elon Musk is dedicated to his work.

Last year Tesla produced over half a million cars and a fraction of Ford Motor and General Motors output and poised for the benefit of the company.

The 20% stake in the company and $42 billion of the paper gains which are on vested stock are the results of the grant which he received in 2012 and 2018.

Adding almost 31% increase or almost creating a record of $1.8 Trillion increase, the world’s 500 richest people have made a remarkable impression.

After he was announced the richest person in the world, his tweet said “How strange”, “Well, back to work”. He himself was stunned at the idea of becoming the richest person on earth.

Elon Musk’s net worth glided up by more than $150 billion creating a record with possibly the fastest wealth creation in history.

Image Source: The Indian Express

Musk’s Plan On Mar’s Colonization:

One of his pinned tweets on his Twitter profile clearly explains that he intends to help people on earth by spreading humanity in space. He is dedicated to establishing a self-sustaining city on Mars for the continuation of living.

The 49-year old business magnate has sold most of his possessions for colonizing “Mars” and has aimed to invest and dedicate as much money as possible for the colonizing process.

Musk has also told that he will no longer be possessing any material possessions of a monetary value except the stocks in the company.

Elon Musk has also sold his three neighboring homes in Bel-Air, a neighborhood home of Los Angeles, along with several million dollar belongings in 2020.

According to his contribution to civilization on Mars, Elon Musk seems to be very engaged in the process of Mars colonization and also signals that he might be committed to going to Mars.

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Kritika
Student with ambitions, writer with ideas.