All credit goes to Tesla’s ballooning stock price that shows no signs to slow down after a fruitful stock split on Monday, Elon Musk, Tesla CEO, has become the world’s third-richest person, as per the Bloomberg’s calculation.
The dude is really loaded with cash!
Surprisingly, Musk net worth increased by $87.8 billion this year because the stock price of Tesla ballooned around five times.
2020 has so far been disastrous for everyone, but not for Elon Musk that’s for sure!
With this amount of money, Musk has surpassed Mark Zuckerberg, Facebook CEO, who was last seen surfing on his private island in Hawaii with a sun’s cream-splattered face…
Mark Zuckerberg now stands at fourth place with a net worth of $110.8 billion… Sorry lad!
According to the current standings, only two tech moguls are now richer than Elon: Jeff Bezos, who’s just crossed $200 billion benchmark and with around $202 billion and Bill Gates, having a projected net worth of $125 billion.
Needless to say, Musk’s finances have been skyrocketing like crazy! I mean literally, the lad just jumped from 5th to 4th richest rank within just two weeks. It wouldn’t be a surprise to see him dethroning Gates reasonably quickly.
He would require a windfall to catch up with Bezos, though!
On Monday, Tesla stock price closed at $498.3, during the first day of trading followed by the five-for-one stock split, recording a 12.5 percent increase.