The 6.58% increase in Tesla’s stocks brought Musk’s net worth to $ 127,900 million.
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The appreciation of the shares of high-end electric car company Tesla resulted in its CEO Elon Musk becoming the second richest man in the world, ousting the co-founder of Microsoft, Bill Gates.
According to Billionaire index BloombergThe 6.58% increase in Tesla titles brought Musk’s net worth to $ 127.9 billion.
It’s possible that Musk will grow his net worth significantly as Tesla will be added to the SP 500 stock index starting December 21, 2020 and the automaker’s shares account for about three-quarters of the entrepreneur’s net worth.
Even so, Musk still stands behind Amazon founder Jeff Bezos, who is valued at $ 182 billion.
Image: AP Photo / Jae C. Hong via BI
Musk started 2020 as the 35th richest person in the world, but has now surpassed Bill Gates, who “only” had a net worth of $ 127,700 million.
It should be noted that this is not the first time Gates has not been the second richest man in the world, and in fact, he would have had a much larger fortune than he has today if he hadn’t donated $ 26,000 million to the Bill and Melinda Gates Foundation since 2006 would have .