April 11, 2022
1 min read

Musk again tops Bezos in the ‘richest’ run


The report mentioned that Musk gained another $90 billion in 2021, as he knocked Bezos off the top of the Forbes rich list to begin the year…reports Asian Lite News

Tesla and SpaceX CEO Elon Musk is continuing to grow his status as the world’s richest man as his net worth is skyrocketing over the rest of the top earners in 2022.

In the latest Forbes list, Musk increased his net worth to $282 billion, which is over $100 billion richer than Amazon founder Jeff Bezos, whose net worth is $183.6 billion, reports the Daily Mail.

Musk was one of the biggest beneficiaries from the Covid-19 pandemic, as his net worth sat at just $26.6 billion at the beginning of 2020.

In 2020, Musk’s wealth grew by over $110 billion, which is the record for anyone in the history of Forbes tracking such numbers.

The report mentioned that Musk gained another $90 billion in 2021, as he knocked Bezos off the top of the Forbes rich list to begin the year.

Musk is now $115 billion richer than LVMH CEO Bernard Arnault, the third richest man in the world with a net worth of $167.4 billion, the report said.

He is also well past the numbers for Microsoft founders Bill Gates ($134.2 billion) and Steve Ballmer ($97 billion), it added.

Recently, Twitter CEO Parag Agrawal has said that the micro-blogging platform has appointed Musk to its board of directors.

ALSO READ-Smartphone chip market grew 23 % to $30.8 bn

Previous Story

A good partner is good for your mental health

Next Story

Sweet Singh’s culinary splendours from Punjab

Previous Story

A good partner is good for your mental health

Next Story

Sweet Singh’s culinary splendours from Punjab

Latest from Business

Airbus delivers first jet from new China line

Airbus has delivered the first A320neo from its second Tianjin assembly line, expanding production capacity as China’s aviation market continues to grow, reports Asian Lite News Desk Airbus has delivered the first

Hong Kong retains global finance crown in Asia

Hong Kong retains third place in the latest global financial centres index, leading Asia-Pacific while ranking first worldwide in fintech and financial sector development, reports Asian Lite News Desk Hong Kong has

Oracle cuts jobs as AI spending surges

The move follows a substantial reduction in Oracle’s workforce during the company’s latest financial year. Company filings show that its employee count fell by around 21,000, or 13 per cent, during the

India Remittances Surge Over Decade

Digital connectivity has strengthened these links by allowing migrants to share knowledge and expertise remotely while continuing to work and remain economically active overseas…reports Asian Lite News Desk India’s remittance economy has

Apple Bundles TV, Arcade With iCloud+

Apple said the expanded iCloud+ package will roll out in more than 100 countries and regions through the end of September Apple has expanded its technology and subscription ecosystem in India with
Go toTop

Don't Miss

Musk likely to take charge as temporary CEO of Twitter

Twitter stock jumped nearly 3 per cent after the latest

Here’s what Musk plans for Twitter

Musk expects a huge growth in total Twitter users as