Elon Musk, the richest man in the world who squanders his fortune

Posted on Jan 8, 2021 4:27 PMUpdated Jan 8, 2021, 5:32 PM

He will have spent his nights there, left all his energy, lost his temper on several occasions – to the point of being almost dispossessed of operational control of Tesla. But, a little more than 17 years after having embarked on the incredible bet of the Californian manufacturer of electric car, Elon Musk, is, in a way, rewarded for his temerity: at the dawn of his fiftieth, here he is now the richest man in the world.

An umpteenth Tesla stock market surge on Thursday raised his personal fortune to 195 billion dollars, slightly more than that of Jeff Bezos (187 billion), who had held the “title” since October 2017. It must be said that the Amazon founder has seen his fortune seriously eroded in recent times by his divorce and donations – still $ 680 million as of November. Elon Musk’s assets, on the other hand, swelled by 165 billion last year, driven by the stratospheric trajectory of his company on the stock market (+ 743% in 2020). A performance probably unprecedented in the history of mankind.

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