Article 5CHEA Elon Musk becomes world's richest person

Elon Musk becomes world's richest person

by
Rupert Neate Wealth correspondent and Joanna Partr
from World news | The Guardian on (#5CHEA)

Tesla co-founder overtakes Amazon's Jeff Bezos as car firm's shares soar after blue Senate' victory

Elon Musk, the maverick boss of Tesla, has overtaken Amazon's Jeff Bezos to become the world's richest person, after shares in the electric car company he co-founded soared on hopes that a Democrat-controlled US Senate would usher in a new green agenda.

A 4.8% rise in Tesla's share price was enough to push Musk into the top spot according to the Bloomberg billionaires index, which tracks the daily changes in the fortunes of the world's 500 wealthiest people.

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