By Stephen M. Lepore for Dailymail.Com
Elon Musk continues to grow his position as the world’s richest man as his internet worth continues to soar against the rest of the top earners in 2022.
In the latest Forbes checklist, Musk, 50, raised his internet worth to $282 billion, more than $100 billion more than Amazon founder Jeff Bezos, whose internet worth is 183, $6 billion.
The Tesla and SpaceX CEO has been one of the biggest beneficiaries of the Covid-19 pandemic, as his internet value was just $26.6 billion at the start of 2020.
In 2020, Musk’s wealth grew by more than $110 billion, which is the document for anyone in Forbes history watching those numbers.
Musk earned another $90 billion in 2021, knocking Bezos off the top of Forbes’ rich list to start the year.
In the latest Forbes checklist, 50-year-old Elon Musk raised his Internet value to $282 billion, more than $100 billion more than Amazon founder Jeff Bezos.
Amazon founder Jeff Bezos, whose internet worth is $183.6 billion, has been overtaken by Musk on Forbes’ rich list
The new Twitter board member noticed his wealth peaked at around $340.4 billion when Tesla shares hit highs in November 2021.
The 10 richest people in the world
1. Elon Musk, $282 billion
2. Jeff Bezos, $183.6 billion
3. Bernard Arnault, $167.4 billion
4. Bill Gates, $134.2 billion
5. Warren Buffet, $127.3 billion
6. Larry Page, $113.4 billion
7. Larry Ellison, $113 billion
8. Gautam Adani, $112.9 billion
9. Sergei Brin, $109 billion
10. Mukesh Ambani, $99.6 billion
Musk is now $115 billion richer than LVMH CEO Bernard Arnault, the third richest man on this planet with an internet worth of $167.4 billion.
It also far exceeded the numbers of Microsoft founders Bill Gates ($134.2 billion) and Steve Ballmer ($97 billion).
In April 2012, Musk signed the Giving Pledge and pledged to donate nearly all of his wealth to address some of society’s most pressing issues.
That said, with his current wealth, he could theoretically buy all 32 National Football League teams – currently worth over $112 billion – and still have enough to buy all 30 NBA teams at around 61. billion, the 30 Major League Baseball teams at $54 billion, and the 32 National Hockey League groups at approximately $26.7 billion.
The native South African is worth only about $35 billion less than the gross domestic product of his home country, which has a GDP of $335 billion, according to the World Bank.
The SpaceX pioneer’s Internet value exceeds the GDPs of Colombia, Finland. Pakistan, Chile and Portugal.
Musk became Twitter’s largest shareholder after buying a 9.2% stake in the social media company
He bought nearly 73.5 million shares, a document filed with the U.S. Securities and Exchange Commission reveals.
That means the Tesla co-founder has more than quadrupled the shares of Twitter founder Jack Dorsey, who owns 2.25%.
His passive stake in the company is valued at $2.9 billion, primarily based on Friday’s closing of the action, and the estimated value of the deal was $2.4 billion, according to the value of the stock on March 14 when he purchased the shares.
The news prompted Twitter shares to soar more than 26% in pre-market trading ahead of Wall Street’s open on Monday, meaning its shares are now worth around $3.6 billion, earning it 1 .2 billion in three weeks.
Musk is also worth way more than the fortunes of former Microsoft founders Bill Gates and Steve Ballmer mixed together.
Gates has an internet value of $134.2 billion, while Balmer’s internet value is $97 billion.
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