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Friday, September 4, 2020

Elon Musk Now World's 3rd Richest Person With $115Billion Fortune

 

The Tesla CEO's net worth increased to a staggering $115 billion this week after the electric car company's stock increased by 12% on Monday. The 49-year-old has now overtaken Mark Zuckerberg to become number three on the list of the wealthiest humans alive, according to Bloomberg.

In July, Mr Musk became the seventh richest person in the world, so this week's achievement is an astonishingly fast accumulation of wealth in just two months.

Tesla's stock has already soared by approximately 500% in 2020, and the company is now worth about $475 billion.

Mr Musk owns more than 18% of its shares, more than three times the next-largest stockholder.

As Tesla's stock has exploded so has his wealth, rising by

The Tesla CEO's net worth increased to a staggering $115 billion this week after the electric car company's stock increased by 12% on Monday.

The 49-year-old has now overtaken Mark Zuckerberg to become number three on the list of the wealthiest humans alive, according to Bloomberg.

In July, Mr Musk became the seventh richest person in the world, so this week's achievement is an astonishingly fast accumulation of wealth in just two months.

Tesla's stock has already soared by approximately 500% in 2020, and the company is now worth about $475 billion.

Mr Musk owns more than 18% of its shares, more than three times the next-largest stockholder.

As Tesla's stock has exploded so has his wealth, rising by nearly $90 billion this year alone.

In January 2020 his net worth was about $32 billion.

He does not receive a salary or cash bonuses as CEO, instead getting paid in millions of stock options.

Mr Musk is now only poorer than Jeff Bezos and Bill Gates.

Mr Bezos, Mr Gates and Warren Buffett, along with Mr Zuckerberg and Oracle chairman Larry Ellison, have collectively gained over $100billion since March.

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Peter Dennis Okeke

He will soon emerge as the richest man in the world. Wash out for that.
1

Wilcox Nimenibo

Very impressive!

Zakari Gadaka Ibrahim

Endy Edeson what is the name of that his daughter sef?
1

Xto Osas G

Our analog billionaire are getting poorer because of coronavirus... While technological billionaire keep making it big because of coronavirus.

Are we sure this people will let coronavirus end ? 🤔
1

Don Steve

And Sooooooooooo FUEL price is 151 and electricity tariff increased in Nigeria in just one day. Congratulations to APC Change
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