Elon Musk overtakes Bill Gates become world’s second-richest person
Team Udayavani, Nov 24, 2020, 11:10 AM IST
Washington: Elon Musk on Monday advanced ahead of Bill Gates to become the world’s second-richest person following a surge in Tesla’s share price.
According to Bloomberg Billionaires Index, the 49-year-old entrepreneur has added $100.3 billion to his net worth this year.
His advance up the wealth ranks has been driven largely by Tesla, whose market value is approaching $500 billion. About three-quarters of his net worth is comprised of Tesla shares, which are valued more than four times as much as his stake in Space Exploration Technologies Corp, or SpaceX.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
IPL auction likely on February 18: BCCI official
Ph 1 trial results show Covaxin has tolerable safety, enhanced immunity: Lancet study
Cong to elect party president by June 2021: CWC
Related Articles More
‘Paytm Cashback offer’: LPG cylinder from HP, Indane and Bharat gas for free
NSE remains world’s largest derivatives exchange for 2nd consecutive year
India within striking distance of attaining positive growth: RBI
Sensex jumps over 300 pts to breach 50,000-mark for 1st time; Nifty tops 14,700
Reliance-Future deal gets SEBI nod, BSE ‘no-adverse-observation’ status
K’taka COVID-19 update: 324 new cases, 890 recoveries, 3 deaths on Jan 21
Ladakh to make debut in Republic Day Parade on Rajpath
K’taka farmers to hold tractor rally in Bengaluru on Republic Day
Replica of Ram Temple, Ayodhya’s heritage to be showcased in Uttar Pradesh’s Republic day tableau
IndiGo to start flights to Agra from Bengaluru, Bhopal on March 28