How Elon Musk became the richest man in the world because of a Tesla car

How Elon Musk became the richest man in the world because of a Tesla car

Elon Musk succeeded in getting the title of the richest man in the world to become $ 191 billion, surpassing Jeff Bezos, founder of Amazon, and this happened after the recent increase in the price of shares of Tesla, the electric car manufacturer, by 6% on Thursday.

How Elon Musk became the richest man in the world because of a Tesla car


Elon Musk’s fortune increased by $ 10 billion. In this context, we show you how Elon Musk became the richest man in the world because of a Tesla electric car.


Elon Musk was born in 1971 in South Africa and his father was an electromechanical engineer and real estate developer. From a young age, he was interested in computing and computer programming in general, and he obtained a master's degree from the University of Pennsylvania.


Elon Musk started his first commercial enterprise in California with his brother Kimball Musk, and it was a software company called Zip2, and it took a while to succeed and they started in 1995 and at that time he did not have the price to buy an apartment and he slept in the company and continued to develop in it until it became a big company and he sold it to the computing company Compaq in 1999 and earned $ 22 million for its share.


In 2003, Elon Musk financed Tesla because of his strategic vision and turned from a company specializing in electric cars to a giant in the stock market valued at more than $ 600 billion.


Unlike Tesla, Elon Musk is the main shareholder and CEO of SpaceX, but it is privately owned and does not rise like Tesla, whose value of its 170 million shares increased by $ 106 billion during 2020, as the value of shares rose by 743% within one year.


Tesla welcomed the year 2021 with a rise of more than $ 90 per share, or about 13%, since the beginning of 2021, and Elon Musk will have options to buy another 16.9 million Tesla shares early this year, valued at $ 12.3 billion.

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