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HomeLatest NewsBusinessElon Musk vs Jeff Bezos: Which tech billionaire has higher net worth?

Elon Musk vs Jeff Bezos: Which tech billionaire has higher net worth?


Who has a better internet price between Elon Musk and Jeff Bezos? — Reuters/File

Amazon founder Jeff Bezos and Tesla proprietor Elon Musk are two of the world’s richest folks, in response to the Bloomberg Billionaire’s Index.

Nevertheless, you should still marvel how wealthy they really are?

Let’s discover out the web price of each the American businessmen who’re recognized for his or her lengthy lists of companies and envious fortunes.

Elon Musk’s internet price

Musk, 52, moved to the USA from South Africa in 1992 to attend the College of Pennsylvania in Philadelphia.

He earned two levels and went on to launch his first firm, Zip2 Company, an “Web model of the Yellow Pages”, with maps to assist customers discover native companies, IMDB reported citing info from Cheat Sheet.

In 1999, Musk offered Zip2 for over $300 million and later co-founded X.com, an internet monetary companies firm.

In 2002, X.com, which had merged with Confinity to kind PayPal, was acquired by eBay for $1.5 billion in inventory, leading to Musk receiving $175.8 million as PayPal’s largest shareholder.

In the identical yr, he additionally based House Exploration Applied sciences Company (SpaceX). 

The next yr, Musk, grew to become one of many first staff at newly-founded Tesla and was additionally named named one of many co-founders.

In 2022, Musk purchased social media platform which was then generally known as Twitter for $44 billion together with $33.5 billion in fairness. Musk’s estimated internet price is $189 billion as of this writing.

Jeff Bezos’ internet price

Bezos, 60, was born in Albuquerque, New Mexico and is the previous CEO and present chairman of the board of Amazon, which he based in 1994.

He began the now-largest e-commerce firm of the world in a storage in Seattle. 

Amazon initially solely offered books, however later started promoting all the things you could find at different retailers and supplied to have them delivered to the doorstep.

Amazon can be anticipated to overhaul Walmart as the most important retailer.

Bezos additionally based his personal area company, Blue Origin, in 2000 and bought The Washington Put up in 2013. He additionally owns stakes in Uber and Airbnb.

At present, Bezos has a better internet price than Musk, standing at $204 billion, in response to Movie star Internet Value.

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