Elon Musk Becomes World’s First Person Worth $300B+

CBS News reports:

Elon Musk’s net worth has surpassed $300 billion, making him the first person on the planet to reach that milestone. It also means the Tesla chief executive is worth tens of billions more than the second-richest person on earth, Amazon.com founder Jeff Bezos.

Musk was worth $302 billion as of Thursday, according to the Bloomberg Billionaires Index. That’s an increase of almost $10 billion from the previous day, thanks to a jump in Tesla shares on Thursday.

To give Musk’s wealth some perspective, consider that it is greater than the annual GDP of nations such as Finland, Chile and Vietnam — and exceeds the market value of Netflix and PayPal, a company that he co-founded.

Read the full article.