00:28 GMT26 January 2021
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    The SpaceX and Tesla founder has recently become the world's richest man, overtaking Amazon CEO Jeff Bezos, who had held that position since 2017.

    Elon Musk's net worth has reached $200 billion for the first time, according to Bloomberg Billionaires Index (BBI).

    As of Saturday, January 10, Musk's wealth has soared by $14.5 billion, reaching $209 billion.

    The billionaire's surging wealth is attributed to a rally in Tesla's share price, which rose 4.8 percent on Thursday, reaching a record $816. It helped Musk to surpass Jeff Bezos as the richest person on Earth in the BBI, as his wealth went up to $195 billion, compared to Bezos' $188.5 billion at that moment. 

    ​Musk, who recently announced he was planning to set up Tesla in India, appeared to be surprised by the news, and did not even pause to take a moment to boast about his success, instead tweeting he should get back to work.

    According to the BBI, Musk and Bezos are followed by Bill Gates of Microsoft with $134 billion, Louis Vuitton Moët Hennessy President Bernard Arnault with $116 billion, and Facebook's Mark Zuckerberg with $102 billion. All the top businessmen are from the United States and the tech industry, except for Arnault who is French and from the consumer sector.

    Despite it being a pandemic-hit year, the world's richest 500 people added $1.8 trillion to their combined net worth in 2020, marking the biggest yearly gain in the history of the BBI.

    Tags:
    Jeff Bezos, Tesla, Elon Musk, US
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