It is estimated that Amazon CEO Jeff Bezos briefly regained first place – but the Tesla boss jumped him to first place for the second time since Friday. Tesla shares fell nearly eight percent Monday, causing Mr. Musk’s net worth to fall $ 13.5 billion – to $ 176.2 billion, according to Forbes.
But he came back to the top after Tesla shares rallied on Tuesday.
Since March 2020, its shares have increased by around $ 160 billion – from $ 24.6 billion.
Amazon founder Jeff Bezos has been number one on the Forbes Rich List since 2017.
Tesla’s value has risen this year, reaching a market value of $ 700 billion (£ 516 billion) for the first time last week.
Mr. Musk replied to the message that he had topped the extensive branded list and wrote, “How strange”.
The SpaceX and Tesla entrepreneur, known for working up to 17 hours a day, added, “Well, back to work …”
Mr. Musk, who served as the inspiration for Robert Downey Jr.’s Iron Man, is also the founder of The Boring Company and co-founder of OpenAI and Neuralink.
The South African started the SpaceX Mars program to facilitate the eventual colonization of Mars.
In 2018, he told his followers on Twitter how he plans to use his fortune.
Mr Musk wrote, “You should ask why I would want money.
READ MORE: Space Race 2.0: 10 Differences Between Elon Musk and Jeff Bezos
Musk replied, “First life in glass domes. Eventually terraformed to support life like Earth. “
Bernard Arnault and his family from LVMH rank third on Forbes’ rich list with an estimated net worth of $ 151.4 billion.
Fourth is Microsoft co-founder Bill Gates, who has amassed $ 121.6 billion in net worth.
Mr Musk has said he is “very confident” that SpaceX will bring humans to Mars in 2026.
But he believes the milestone could be reached as early as 2024 “if we’re lucky”.
He wants to send a million people to Mars by 2050.
Mr Musk has previously shared some of the literature that has contributed to his great success.
The list includes Walter Isaacson’s “Einstein: His Life and Universe” and “Structures: Or Why Things Don’t Fall Off” by JE Gordon.
He also lists a classic of the British classroom: “Lord of the Flies” by William Golding.