Tesla Stock – Elon Musk is now world’s second-richest particular person, as internet worth has grown greater than $100 billion this yr
Elon Musk has added greater than $100 billion to his internet worth this yr, and has handed Invoice Gates because the world’s second-richest particular person.
That’s in line with the Bloomberg Billionaires Index, which on Monday ranked the Tesla Inc. chief government — with a $127.9 billion fortune — above Gates — at $127.7 billion — for the primary time.
Musk has profited from the huge surge in Tesla stock, which has skyrocketed greater than 520% yr up to now. Tesla
rose greater than 6% to a file shut of $521.85 in Monday buying and selling, ending the day with a market cap of round $464 billion. That equated to a $7.2 billion single-day acquire in Musk’s internet worth.
Musk started the yr in 35th place on the index.
Chief Govt Jeff Bezos is the world’s wealthiest particular person, with a fortune of $182 billion, in line with Bloomberg, up greater than $67 billion this yr.