Elon Musk becomes the world richest person

SpaceX and Tesla CEO Elon Musk has reportedly become the world's richest person, after his net worth rose to about $191 billion, surpassing Amazon founder Jeff Bezos, who had been the richest person since 2017.

Musk's net worth has risen more than $150 billion in the past 12 months, noted Bloomberg, due to "an unprecedented rally in Tesla's share price, which surged 743 percent last year."

Thursday's increase in Tesla's share price pushed Musk past Jeff Bezos, who is currently worth about $184 billion.

Elon Musk passed Warren Buffett in July to become the seventh-richest person. In November, Musk raced past Bill Gates to become the second-richest person. Musk has gained more wealth over the past 12 months than Bill Gates' entire net worth of $132 billion.

The South African born took to Twitter to react upon hearing the news.

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