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.
Top News
Related Articles More
India not reaping benefits of democratic dividend: Raghuram Rajan
Markets slump for third day on fears of escalating tensions in Middle East; IT stocks drag
Tesla is planning to lay off 10 of its workers after dismal 1Q sales, multiple news outlets report
With just Rs 150 base airfare take a 50-minute flight
Byju’s founder Raveendran to take over firm’s daily operations after CEO Mohan’s resignation
MUST WATCH
Latest Additions
Fire erupts at industrial estate in Mumbai; no casualty
Kerala CM attacks Congress over candidature of Lal Singh
Youtuber arrested for recording video, falsely claiming he spent entire day at Bengaluru airport
No ordinary election, it’s to save Constitution, democracy: Rahul to Cong workers
No ordinary election, it’s to save Constitution, democracy: Rahul to Cong workers