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Elon Musk surpasses Jeff Bezos as he rises to his lead as the richest man on earth

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The jab escalates to a public feud between Elon Musk and Jeff Bezos.

The Tesla Inc co-founder responded to a tweet from Bezos early Monday with a silver medal emoji, after the gap between the world’s two richest people widened last week through rising valuations of Musk’s rocket company SpaceX. According to the Bloomberg Billionaires Index, his net worth is now $222 billion, while that of Amazon.com Inc.’s Bezos is $190.8 billion.

The jab escalates to a public dispute between two billionaires, who are both trying to revolutionize the space industry.

Bezos’ Blue Origin is challenging the US government’s contract with SpaceX to land people on the moon again, while Musk previously took to Twitter to slam the Amazon founder for his e-commerce firm’s space-focused ventures. Copy Cat”. In a recent filing with US regulators, Amazon’s satellite subsidiary accused Musk and his companies of violating the rules with a general attitude that “the rules are for other people.”

In his tweet late Sunday, Bezos posted a photo of Barron’s 1999 article criticizing Amazon and described it as one of several stories that predicted his company’s demise.

Listen and be open, but don’t let anyone tell you who you are. It was just one of many stories telling us how we were going to fail. Today, Amazon is one of the most successful companies in the world and has revolutionized two completely different industries. pic.twitter.com/MgMsQHwqZl
— Jeff Bezos (@JeffBezos) October 11, 2021

According to Bloomberg’s Wealth Index, 50-year-old Musk added nearly $9 billion to his fortune on Friday, following a settlement with investors that was valued at more than $100 billion, more than quadruple the size of Blue Origin.

Musk still derives about three-quarters of his wealth from Tesla, which he co-founded in 2003 after selling e-commerce site PayPal to eBay Inc. for $1.5 billion.

(Except for the title, this story has not been edited by NDTV staff and is published from a syndicated feed.)

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