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Elon Musk becomes the third person to be worth $200 billion, ranking as the richest in the world as of Monday. (Bob Daemmrich)

Elon Musk is on top of the world again as Tesla stock climbs, making him the richest person in the world.


Forbes reports the Tesla and SpaceX CEO became the richest on Monday as Tesla stock surged to the highest since February, closing up 2.2% at $791.36. As Musk becomes the third person to ever be worth $200 billion, Jeff Bezos saw Amazon's stock decline yesterday, resulting in him losing $1 billion.

Musk has fluctuated in the richest billionaires spots for some time now. The last time he beat Bezos was in January of this year when Tesla stock was at its highest. Bezos reached a worth of $200 billion for the first time in August 2020.

Tesla and SpaceX are the main sources of Musk's fortune, Forbes reports. Both companies, along with others from Musk have a presence in Austin with the newest Tesla Gigafactory set to be completed in southeast Travis County this year.

More on Musk:

SpaceExes: Elon Musk and Grimes splitting


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