Jeff Bezos is no longer the richest man in the world.

The title is now held by Elon Reeve Musk!

Yes, that's his middle name you guys.

Known for his eccentric, outspoken nature and crazy far-reaching ideas, Musk is now worth more than US$188bil .

For all you kiasu Asian parents, that's US$1.5bil dollars more than Jeff Bezos.

According to the Bloomberg Billionaire Index, Bezos, who is the founder and CEO of Amazon, was the world's wealthiest man since 2017.

Back to work

When Tesla Owners Of Silicon Valley tweeted "@elonmusk is now the richest person in the world at $190 billion." , Musk tweeted back "How strange" followed by "Well, back to work …".

Only Musk can be so deadpan about the new title.

But honestly, as the founder, CEO, CTO and chief designer of Space X; early investor, CEO and product architect of Tesla, founder of The Boring Company and co-founder of Neuralink; and co-founder and initial co-chairman of OpenAI, work must be all he does.

Netizens question why one man should have so much money

With the world being in such a depressing state and many people still living in poverty, it is no wonder that many netizens didn't react too positively to the announcement.

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Possibly replying to all the backlash, Musk later tweeted "Btw, critical feedback is always super appreciated, as well as ways to donate money that really make a difference (way harder than it seems)"

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A pinned tweet on his account also reads "About half my money is intended to help problems on Earth & half to help establish a self-sustaining city on Mars to ensure continuation of life (of all species) in case Earth gets hit by a meteor like the dinosaurs or WW3 happens & we destroy ourselves"

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We are in awe of his ideas, dedication and hard work and perhaps he truly deserves all that money.

Will he donate it? Use it for the greater good of the world?

We guess all we can do is wait and see.