Elon Musk becomes World’s Second Richest Man

Musk is increasing like a Rocket, squeezing Gates to the world’s third-richest man

As the stock price of electric car maker Tesla (Tesla) has set off another wave of soaring prices recently, the founder and CEO Musk’s value has been pushed up. According to the Bloomberg Billionaires Ranking, on Monday (23rd) Musk surpassed Microsoft founder Bill Gates to become the world’s second-richest person. The richest man is still Amazon CEO Bezos. Elon Musk becomes World’s Second Richest Man

Tesla CEO Elon Musk visited the site of a super factory near Berlin, Germany in early September this year and talked with those present. (European News Agency)

Elon Musk becomes World’s Second Richest Man

The latest Bloomberg billionaire ranking shows that Musk is currently worth 127.9 billion U.S. dollars; this year, his net worth has increased by 100.3 billion U.S. dollars, ranking the top 500 billionaires in the entire list. Musk’s ranking in January of this year was the only 35th and now Elon Musk becomes World’s Second Richest Man.

Musk’s worth has risen like a rocket, mainly because Tesla’s stock price has soared; the current market value of Tesla is advancing toward 500 billion US dollars. Bloomberg pointed out that three-quarters of Musk’s net worth comes from his Tesla stock, which is more than four times the value of Musk’s space exploration company SpaceX.

Tesla’s closing stock price rose 6.6% on Monday, closing at a record high of $521.85.

Bloomberg said that Gates, who was squeezed out to become the third richest person, is currently worth 127.7 billion US dollars. Gates is kind and generous and donates a lot of charity. If he doesn’t donate that much money, he is actually richer. Since 2006, the foundation named after him and his wife has donated more than 27 billion US dollars. Elon Musk becomes World’s Second Richest Man

The world’s richest man Bezos is worth $182 billion.