Moneycontrol
HomeNewsTrendsUK man beats Elon Musk to become world's richest. For 7 minutes
Trending Topics

UK man beats Elon Musk to become world's richest. For 7 minutes

“Given the range of information provided to us, the market cap of Unlimited Money Limited has been assessed at 500 billion pounds,” stated a letter from the valuation adviser Fosh had written to.

February 18, 2022 / 17:26 IST
Story continues below Advertisement

Max Fosh named his company 'Unlimited Money Ltd". (Image credit: Screengrab from YouTube video)

A YouTuber has claimed that he became the world's richest person, with a net worth nearly twice that of Tesla founder Elon Musk, but for only 7 minutes on paper.

Max Fosh, a YouTuber with over six lakh followers, made a full video detailing how he did it and shared it on his channel with a descriptor: Come at me Elon.

Story continues below Advertisement

Fosh, who reportedly exploited a market capitalisation loophole, Max Fosh soon realised that he needed to dissolve his company immediately as he was being accused of fraud by authorities in the UK.

The video shows him talking about how he had set up a company.