China News Service, October 27th. According to a comprehensive report, according to the latest data from the Forbes Rich List, Tesla CEO and the world’s richest man Musk’s wealth exceeds US$250 billion, while Bloomberg’s Billionaires List data shows that Musk’s wealth exceeds 280 billion US dollars.

According to Forbes News, Musk's wealth is close to 300 billion US dollars, making him the richest man in history.

Moreover, Musk may soon become the first person worth more than $300 billion.

Image source: Screenshot of Forbes News Network's social media account

  After Hertz announced an order for 100,000 Tesla vehicles, Tesla's stock price soared by 12.7%.

Musk's wealth subsequently increased by more than 36 billion US dollars.

His single-day increase in wealth is also the largest in the history of the Bloomberg Billionaires Index, equivalent to the net worth of the 34th richest person in the world.

  According to Bloomberg's previous report, his net worth of US$289 billion put him ahead of the former richest man Jeff Bezos by nearly US$100 billion, who was worth US$193 billion as of the 25th.

  Musk also expanded his lead over other former holders of the title of the world's richest man.

He is now worth $184 billion more than Buffett. Buffett is currently the 10th richest person in the world and is more than $150 billion ahead of Bill Gates, who is fourth.

  How big is Musk's net worth?

It may be clearer through this comparison.

His worth has surpassed the market value of Toyota, the world's second-largest automaker, which is valued at approximately US$283 billion.

Tesla surpassed Toyota in market capitalization in July 2020, occupying the top spot.

  Thanks to the strong performance of Tesla's stock and the recent sale of shares in SpaceX, which he founded, Musk's wealth has increased by a staggering $119 billion this year.

According to Bloomberg News, the SpaceX transaction has increased Musk's net worth by $11 billion.

  Tesla is currently in the longest continuous profit period in its 18-year history. After last week's financial report, it has been profitable for nine consecutive quarters.

  On the 25th, Tesla's market value exceeded $1 trillion and joined the ranks of giants including Apple, Microsoft and Amazon.

Musk celebrated this milestone on Twitter.

  Although Musk had previously vowed to "not buy a house" and said last year that he planned to sell almost all of his physical property, the world's richest man occasionally spent some money.

  At the Sotheby's auction in 2013, Musk paid nearly $1 million for a rare 1976 Lotus Esprit sports car that was used in the 1977 007 movie "007 Underwater City".

According to reports, his commonly used cars include a 1920 Ford Model T and a 1967 Jaguar E sports car.