Please complete your profile to unlock commenting and other important features.

Please select your date of birth for special perks on your birthday. Your username will be your unique profile link and will be publicly used in comments.
Narcity Pro

This is a Pro feature.

Time to level up your local game with Narcity Pro.

Pro

$5/month

$40/year

  • Everything in the Free plan
  • Ad-free reading and browsing
  • Unlimited access to all content including AI summaries
  • Directly support our local and national reporting and become a Patron
  • Cancel anytime.
For Pro members only Pro
Summary

Elon Musk Just Beat Out Jeff Bezos As The World's Wealthiest Person & He's Just SO Rich

The world's richest person is officially a Canadian citizen 🇨🇦💰
Contributor

As of Wednesday, January 6, Elon Musk's net worth has landed him the title of the richest person on the planet. 

Musk, the man behind Tesla Inc. overtook Jeff Bezos, the owner of Amazon Inc., to earn the top spot, says Bloomberg.

Editor's Choice: Trump Is Now Banned ‘Indefinitely’ From FB & Insta Because The Risks Are ‘Too Great’

$188.5 billion Elon Musk's net worth

Bezos is reportedly worth $1.5 billion less than Musk as of now. He had previously held the title of world's richest man since 2017. 

Elon Musk's worth is on a quick spike as he had just reached the second place position in November 2020

Back in July 2020, he nabbed eighth place. So, he's on a pretty serious upward trajectory. 

Apparently, when Musk moved to Canada from South Africa at age 17, he only had $2,000 to his name.

He said in response to a tweet that his father is actually bankrupt and has been for a long time.

To put this sort of wealth in perspective, one billion seconds is 31.69 years. Elon Musk has 188.5 of those. 

Explore this list   👀

    • Britanny Burr was a Staff Writer at Narcity Canada, who drove growth within Narcity's Western coverage and readership. Having lived between her hometown, Canmore, Alberta and Calgary, Montreal, Vancouver, and NYC over the past 10 years, she is obsessed with finding the best local hot spots. She holds a B.A. in English and has over six years of professional writing experience as Head Writer and Editor for YUL.Buzz in Montreal, and Creative Copywriter at JAKT in NYC. News by day, poetry by night — the written word is Britanny's nearest and dearest.

    Canada's richest billionaires in 2025 were revealed and #1 just got out of prison

    Canada has a new richest person — and he just did hard time. 😳

    Canada's richest people in 2025 were revealed and some billionaires don't have degrees

    You don't need a university degree to be a billionaire! 🤑

    This enchanting small town set on a BC island was named among North America's 'most peaceful'

    Sandy beaches, ancient forests and a cozy town — anyone?. 🌲

    This Ontario gem with waterfront towns and beaches is one of Canada's 'best' spots to live

    It has "large" homes "priced much lower" than major Canadian cities.

    New data reveals the 'most peaceful' places to live and Canadian towns demolished US ones

    Five Canadian towns were named the most serene on the continent. 🍁