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Elon Musk’s fortune soared to a record 25 25 billion on Tuesday, after tightening during the take-off, as Tesla’s stock rose 20 percent.
According to Bloomberg’s Billionaire Index, a big jump in executive tomcare took the wealth of chief executive and co-founder Musk to 17 4174 billion. However, it reached a high of 0 210 billion in January.
Kasturi slashed Amazon’s Jeff Bezos, the world’s richest man, valued at 180 180 billion. Bezos’s fortune rose 6 billion dollars on Tuesday as shares of Amazon rose nearly 4%.
The wealth of tech billionaires increased in 2020, as financial and financial stimulus spurred rallies in companies that seemed to benefit from the epidemic.
Yet tech stocks fell sharply in mid-February as rising bond yields have forced investors to shut down companies that are yet to make a big profit.
Tesla, which investors believe will turn out to be a big profit over the years, was hit hard, hitting more than 35 per cent from a 35-point high in late January.
Bond yields slipped back on Tuesday and investors took the opportunity to “dip buy” into tech stocks.
Tesla stock rose 19.64% to 73,673.58, its biggest gain in more than a year, adding more than 100 100 billion in value. According to Bloomberg, Kasturi owns more than 20% of the company, which helped raise its total assets to સૌથી 251 billion in the largest one-day yet.
This means that during the volatile period of Tesla’s stock, Musk’s wealth has increased by 35 4.35 billion dollars so far from 2021.
The Bloomberg Index shows that Bezos’ wealth was down 10.3 billion dollars to date. Amazon has declined slightly throughout the year as investors shy away from companies that performed well during COVID-19 and which will once again buy companies that stand to benefit the economy.
Bill Gates is the third richest man in the world with a net worth of 13 7,137 billion. Louis Vuitton mogul Bernard Arnault is fourth, while Mark Zuckerberg is fifth.
Tesla’s share price is also linked to Bitcoin after the automaker bought ઓ 1.5 billion in January. Bitcoin has risen sharply in recent days to a low of 000 44,000 in recent days, to a stand of $ 55,000 on Wednesday, at the end of February.
