Elon Musk’s net worth swells past Amazon’s founder Jeff Bezos at $282 billion

Tesla and SpaceX CEO Elon Musk continues his successful run towards not just as someone who funds new technology innovations but also as the world’s richest man as his net worth swells over the rest of the top earners in 2022.

According to the latest Forbes list, their net worth Musk swelled to $282 billion, which is over $100 billion richer than Amazon founder Jeff Bezos, whose net worth is $183.6 billion.

Musk is also stated to be one of the biggest beneficiaries of 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.

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The Fobes’ report maintains 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.

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. Musk who recently picked over 9% individual stake in the microblogging site, however, declined to join the Twitter board.