Elon Musk overtakes Bill Gates to grab world’s second-richest ranking
- Elon Musk advance up the wealth ranks has been driven largely by Tesla, whose market value is approaching $500 billion.
- Elon Musk’s net worth soared $7.2 billion to $127.9 billion, driven by yet another surge in Tesla’s share price
Elon Musk on Monday overtook Bill Gates to becomes the second-richest person in the world as the Tesla co-founder’s net worth soared from $7.2 billion to $127.9 billion, driven by a surge in the company’s shares. This year, Elon Musk has added $100.3 billion to his net worth, according to Bloomberg Billionaires Index.
As indicated by a report in Fortune, Elon Musk’s abundance positions have generally been driven by Tesla i.e., around seventy-five percent. His total assets are generally involved in Tesla shares that are esteemed multiple occasions his stake in SpaceX.
Bill Gates held the highest level for quite a long time prior to being surpassed by Amazon.com originator Jeff Bezos in 2017. Bill Gates’ total assets are $127.7 billion.
As per the Fortune report, it would have been a lot higher had he not made gifts so monstrously to the noble cause. Since 2006, Bill Gates has given more than $27 billion to Bill and Melinda Gates Foundation.
Elon Musk and Bill Gates have infrequently occupied with verbal disagreements. As of late, Elon Musk had disparaged Bill Gates, saying the last doesn’t think about electric vehicles.
While reacting to an inquiry on Bill Gates’ “revelations” on electric trucks, Elon Musk stated, “He does not understand.”
Route back in February, Bill Gates had said that he was not enamored with Tesla vehicles and that he won’t get one. To which Elon Musk stated, “My discussions with Gates have been disappointing tbh.”
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