Elon Musk still maintains his status as the richest man with $300 billion wealth~details below
Elon Musk still maintains his status as the richest man with $300 billion wealth~details below
Elon Musk hit the landmark after making $24 billion on Monday, a few days after becoming the first person to hit $300 billion in wealth.
The South African billionaire, Elon Musk, has further maintained his position as the world’s richest man after his net worth skyrocketed to $335 billion in the last few days.
According a report on Tuesday, Bloomberg said Tesla’s owner’s net worth is three times more than the former world’s richest man, Warren Buffett’s $104 billion.
Meanwhile, it is now 697 percent higher than Nigeria’s $42 billion foreign reserves.
According to Bloomberg his net worth has so far rises by $165 billion this year. Monday’s gains were driven by an 8.5 percent rise in Tesla’s share price.
Although, the billionaire owned a 22.4 percent stake in the company at the start of the year.
However, the previous week, a 13 percent leap in Tesla’s stock price netted Musk $36 billion – the largest single-day surge Bloomberg had ever recorded -after news emerged that the car-rental firm Hertz ordered 100,000 Teslas.
Mr Elon Musk at 50, now sits at a hooping $142 billion above the world’s second-richest man – Amazon’s founder, Jeff Bezos, whose net worth was put at $193 billion.
