January 15, 2021

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Elon Musk is now richer than Bill Gates

Elon Musk is now richer than Bill Gates

Elon Musk, CEO of Tesla.

Photo: EPA-EFE

The rising share price of the American electric car maker Tesla strengthens the assets of CEO Elon Musk. According to a ranking by business news agency Bloomberg, Musk is now richer than Microsoft founder Bill Gates. He is the second richest person in the world.

Tesla stock rose 6.5 percent, adding $ 7.2 billion to Elon Musk’s net worth to $ 127.9 billion in one day. Gates’ net worth is estimated at $ 127.7 billion.

Jeff Bezos, the great boss of Amazon, is still at the top of the Bloomberg Billionaires Index. His net worth is estimated at $ 182 billion.

Less than a week ago, Musk overtook Facebook CEO Mark Zuckerberg. According to the Bloomberg Billionaires Index, Musk was valued at $ 110 billion at the time, while Zuckerberg was worth $ 104 billion. The index is updated every day after the New York Stock Exchange closes.

Tesla is the most valuable automotive company in the world with a market capitalization of around $ 500 billion.

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