top
Elon Musk's stratospheric rise to trillionaire status - in charts
Key takeaways
- Musk - who first made waves in the tech industry in the late 1990s - hasn't always topped the rich list though.
- In January 2020, he was only the 35th richest person in the world, with a fortune of around $28bn.
- But his wealth took off that year as the value of his two biggest companies - electric carmaker Tesla and space exploration and AI firm SpaceX - began to grow sharply.
Why this matters: a developing story that could shape the day's news cycle.
Phil Leake,Jess Carr,Daniel Thomas,Katherine Gaynorand Miguel Roca-Terry,BBC News BBC and Getty Images Elon Musk became the world's first trillionaire on Friday, following the record-breaking stock market debut of his company Space X.
With a current estimated net worth of about $1.11tn, according to Bloomberg, Musk sits well above wealthy billionaires topping rich lists, including Google co-founders Larry Page and Sergey Brin, Amazon founder Jeff Bezos, and boss of French luxury goods group LVMH, Bernard Arnault.
Musk - who first made waves in the tech industry in the late 1990s - hasn't always topped the rich list though.
Article preview — originally published by BBC News. Full story at the source.
Read full story on BBC News →
More top stories
Also covered by
Aggregated and edited by the Scoop newsroom. We surface news from BBC News alongside other reporting so you can compare coverage in one place.
Editorial policy · Corrections · About Scoop