Elon Musk, CEO of electric car maker Tesla, was expected to move up one place on the Bloomberg Billionaires Index after Tesla’s shares rose.
Musk is now worth $ 110 billion, according to the financial news agency’s index. He skips Facebook CEO Mark Zuckerberg, who is “only” worth $ 104 billion. Until recently, Musk was ranked fourth with a net worth of $ 102 billion. The index is updated every day after the New York Stock Exchange closes.
Jeff Bezos, CEO of Amazon, remains the richest person in the world with a net worth of $ 185 billion. Microsoft co-founder Bill Gates remains in second place with $ 129 billion.
Tesla’s share price rose sharply on Tuesday when the New York Stock Exchange opened. The stock was worth almost 13 percent more and closed the trading day 8.2 percent higher.
It was announced on Monday evening that Tesla would be included in the prestigious S&P 500 stock index in late December. With a market value of nearly $ 387 billion, Tesla is the most valuable automotive company in the world.
Musk, who owns 20 percent of Tesla’s shares and founded space company SpaceX, saw his fortunes loud this year The guard already increased by 90 billion US dollars.