Just days after Jeff Bezos was named
as the richest man in the world , another
businessman has overtaken him to
reclaim the position.
Elon Musk became the richest man in
the world on Friday.
The Tesla chief ’ s wealth surged to
$ 200 billion after the rocket company ,
SpaceX he founded completed another
funding round , pushing him atop the
Bloomberg Billionaires Index for the
second time in 2021.
He moved past, Amazon ’ s founder Jeff
Bezos , who is now worth $ 194 billion
and had some days ago earlier
reclaimed the title as the world ’ s
richest person this week after Tesla
shares plunged.
Recent reports suggest SpaceX raised
another $ 850 million this month from a
group of leading institutional investors
led by Sequoia Capital .
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Such investment now puts SpaceX ’ s
valuation at $ 74 billion , a 60 % jump
from August , and helped boost Musk ’ s
net worth by about $ 11 billion ,
according to the index.
November 15 , 2016 , filing with the
Federal Communications Commission
revealed the tech billionaire owned 54 %
of SpaceX .
Although Bloomberg ’ s analysis
assumes he hasn’ t sold his shares in
subsequent rounds and that his stake
has been diluted to about 47 % in
proportion to the amount raised . The
value is reduced by 15 % to account for
typical discounts that shares in
unicorns attract on the secondary
market , according to two brokers .
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