<div style="page-break-before:always; page-break-after:always">With &pound;171billion in the bank, Musk&rsquo;s fortune now trumps that of the two veteran billionaires who have previously held the title of the world&rsquo;s richest person.On Twitter, the 50-year-old joked: &ldquo;Maybe Buffett should invest in Tesla.&rdquo;He also tweeted that he was &ldquo;hopefully&rdquo; rich enough to &ldquo;extend life to Mars&rdquo;.Musk, below, edged out Amazon rival JeffBezos, 57, who is now only worth &pound;143bn, according to this year&rsquo;s Bloomberg Billionaire Index. The SpaceX CEO&rsquo;s personal wealth has soared in recent years largely thanks to the value of stocks in his electric car company, Tesla.Both Buffett, 91, and Gates founded &ldquo;The Giving Pledge&rdquo; in 2009, where they promised to give away at least half of their fortunes to charity.Gates, 65, and his now ex-wife Melinda donated around &pound;26bn to the Gates Foundation, while Warren Buffet has given &pound;21bn.Earlier this year, Musk promised to give away &pound;73m as a prize for a contest to build carbon capture technology.If created, it could possibly slow climate change.

&pound;171bn Musk's No1 On Rich List

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is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 87 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.

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{{magzter}} is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 87 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.