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The fight to become the richest tech leader is heating up.
Thanks to the rise in Tesla’s share price following a successful stock split that went live on Monday, Tesla CEO Elon Musk is now the third-richest person in the world, according to Bloomberg’s tally.
Musk is now worth $ 115.4 billion. Surprisingly, his net worth grew $ 87.8 billion this year alone, as Tesla’s stock price increased roughly fivefold.
This puts Musk ahead of Facebook CEO Mark Zuckerberg, who is now eating his hat in anger (we’re kidding, he’s probably kitesurfing on his private island with too much sunscreen on his face) as he only has $ 110.8k. millions. Weak.
This leaves just two tech moguls who are richer than Musk: Bill Gates, with an estimated net worth of $ 125 billion, and Jeff Bezos, who is worth $ 202 billion. The way Musk has been working his way through the ranks – he jumped from fifth to fourth richest just two weeks ago, after all – wouldn’t be very surprising if he caught up with Gates fairly quickly.
Tesla’s stock price closed at $ 498.3 on Monday, on its first day of trading after the five-for-one stock split, a 12.5 percent increase. TSLA is trading at $ 532.8 in pre-market trading on Tuesday, which means the trend is likely to continue, or at least another day.
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