Elon Musk is now richer than Bill Gates
As a significant shareholder of his company, company boss Musk benefits above all from Tesla’s strong price development on the stock exchange; despite relatively modest profits so far, the US electrical manufacturer is by far the most highly traded car manufacturer in the world. The 49-year-old notices that on his account.
The soaring of the US electric car manufacturer Tesla on the stock exchange is causing the assets of company boss Elon Musk to keep increasing. According to the “Bloomberg Billionaires Index” billionaire ranking, the 49-year-old star entrepreneur overtook Microsoft co-founder Bill Gates and is now the second richest person globally. Thanks to the substantial price increase of Tesla shares by 6.5 percent, Musk’s fortune climbed by 7.2 billion to 127.9 billion dollars (108 billion euros) in a single day.
Tesla’s share has risen 675 percent in the past twelve months
Since the beginning of the year, it has already grown by a whopping $ 100.3 billion. Gates recently made it to $ 127.7 billion on Bloomberg’s super-rich charts. His fortune would be significantly higher if he didn’t donate so much money. At the top of the billionaire, the list is still the undisputed Amazon boss Jeff Bezos, whose fortune the “Bloomberg Billionaires Index” estimates at 182 billion dollars. The 56-year-old star entrepreneur founded Amazon in 1994 and is still the largest single shareholder of the world’s largest internet retailer.
On the Forbes Billionaires List, Musk ranks fourth with a fortune of $ 110.5 billion
Musk and Bezos benefit above all from their healthy price development on the stock exchange as significant shareholders of their companies. Tesla’s share has risen 675 percent in the past twelve months. With a market value of just under $ 500 billion, the group is by far the most heavily traded car maker globally, despite relatively low production figures and only modest profits.
Billionaire charts such as the Bloomberg Billionaires Index or Forbes lists are only estimates based on publicly available information on assets such as stocks, real estate, works of art, and other luxury goods. On the Forbes Billionaires List, Musk ranks fourth with a fortune of $ 110.5 billion.
Elon Musk is now richer than Bill Gates
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