Market Musings

‘Dogecoin CEO’ is Now the World’s Richest Man

Published on:
January 8, 2021

Elon Musk has overtaken Amazon’s Jeff Bezos to become the richest man in the world.

Table of Contents

Wow. So wealth. Very money. Much bank. Wow.

Elon Musk has overtaken Amazon’s Jeff Bezos to become the richest man in the world — and according to Bloomberg, he now has a net worth of $188.5 billion.

Yet another surge in Tesla’s share price is behind Musk’s elevation to the top spot. 

He appeared to learn the news from a rather unlikely source: a Twitter account called Tesla Owners of Silicon Valley. Musk wrote:

“How strange. Well, back to work…”

Musk later said that he was constantly on the lookout for ways to donate money that make a difference, but complained that finding such opportunities is “way harder than it seems.”

The entrepreneur, who also runs SpaceX, has had rather mixed feelings about Bitcoin. He caused a frenzy on Crypto Twitter after asking MicroStrategy CEO about whether large BTC transactions are possible. He went on to refer to Bitcoin as “bulls***.”

Despite this, Musk has regularly tweeted about Dogecoin, an altcoin that was started as a joke several years ago. DOGE has often spiked following his tongue-in-cheek endorsements. 

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