Elon Musk will be the richest man in the world by the end of this week

Tesla's impressive share price performance last year has propelled founder Elon Musk to the top of the richest people in the world. He is now in second place, behind only Amazon CEO Jeff Bezos, but they may switch places by the end of the week.

According to the Bloomberg rating, Musk's fortune is now estimated at $ 176 billion, Bezos bypasses him by $ 12 billion, but Tesla's stock price continues to rise, determining the further dynamics of the welfare of the head of this company. Musk's main income is denominated in Tesla shares, so the rapid rise in the rate allows him to rise to the top of the ranking of the world's largest billionaires by leaps and bounds.

According to analysts at Morgan Stanley, Tesla shares have every chance to rise in price to $ 810 apiece, this will automatically increase Elon Musk's wealth to a level that makes him the richest man in the world. Investors are enthusiastic about the prospect of new environmental regulations in the United States that will spur the transition to electric vehicles. After the close of trading, Tesla shares rose in price to $ 753, at such a rate they will bring Musk to the top of the Bloomberg rankings, if not this week, then this month.

Source: Next big future