How Quickly Musk Took Over Bezos As Richest Person

How Quickly Musk Took Over Bezos As Richest Person

Although Elon Musk is now the world’s richest person, for years he was way off earning more dough than Amazon founder, Jeff Bezos, and a number of his affluent peers. So just how quickly did Musk surpassed Bezos’s wealthiness?

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Q3 2020 hedge fund letters, conferences and more

Research by Uswitch reveals just how quickly Musk surpassed Bezos’s wealthiness, as his net worth has now crossed $185bn (£136bn). You can see exactly when Musk surpassed the top spot in a graphic created by Uswitch, below.

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How Quickly Did Musk Surpassed Bezos's Wealthiness

  • 2019: Musk was a whopping 147% away from being richer than Jeff Bezos, having an average net worth of $19,900,000,000 vs $131,000,000,000
  • 2020: Musk’s wealth increased to $129,800,000,000, but it still meant he was 35% off compared to Bezos’s $185,900,000,000
  • 2021: Musk is now finally 5.2% richer than the previous billionaire, who had held the top spot since 2017 ($195,000,000,000 vs $185,000,000,000)

Mr Musk's electric car company Tesla has hit a market value of $700bn (£516bn) for the first time, and you can see just how popular Tesla cars are around the world here on this map, showing the most sold electric cars per country.

Methodology: Methodology: We've taken the Forbes list of real-time billionaires and analysed their net worth from March 2016 through to 2021. Figures were pulled from March of each year but for 2020 we took the latest figures showing their real-time net worth. 2021 figures were pulled 8th January 2021.

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About Uswitch

Uswitch is the UK’s top comparison website for home services switching. Launched in September 2000, we help consumers save money on their gas, electricity, broadband, mobile, TV, and financial services products and get more of what matters to them. Last year we saved consumers over £373 million on their energy bills alone.

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Jacob Wolinsky is the founder of, a popular value investing and hedge fund focused investment website. Jacob worked as an equity analyst first at a micro-cap focused private equity firm, followed by a stint at a smid cap focused research shop. Jacob lives with his wife and four kids in Passaic NJ. - Email: jacob(at) - Twitter username: JacobWolinsky - Full Disclosure: I do not purchase any equities anymore to avoid even the appearance of a conflict of interest and because at times I may receive grey areas of insider information. I have a few existing holdings from years ago, but I have sold off most of the equities and now only purchase mutual funds and some ETFs. I also own a few grams of Gold and Silver
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