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The US electric car maker Tesla’s rally on the stock market is causing the assets of company chief Elon Musk to continue to rise. According to the billionaires ranking “Bloomberg Billionaires Index”, the 49-year-old star businessman surpassed Microsoft co-founder Bill Gates (65) on Monday and is now the second richest person in the world.
Thanks to the sharp rise in Tesla’s share price by 6.5 percent, Musk’s fortune jumped by 7.2 billion to $ 127.9 billion (117 billion Swiss francs) in a single day. . Since the beginning of the year, it has already grown to a whopping $ 100.3 billion.
Gates recently hit $ 127.7 billion on Bloomberg’s super-rich lists. Your fortune would be significantly higher if you didn’t donate that much money. At the top of the list of billionaires remains the undisputed head of Amazon, Jeff Bezos (56), whose assets the “Bloomberg Billionaires Index” estimates at $ 182 billion, the equivalent of about 166 billion francs.
675 percent price increase
As the main shareholders of their companies, Musk and Bezos benefit above all from their strong price performance on the stock market. Tesla’s stake has risen 675 percent in the last twelve months. With a market value of nearly $ 500 billion, the group is by far the world’s most highly traded automaker, despite relatively low production numbers and modest profits.
Billionaire charts, such as the Bloomberg Billionaires Index or Forbes lists, are only estimates based on publicly available information about assets such as stocks, real estate, artwork, and other luxury items. On Forbes’ list of billionaires, Musk is fourth with a fortune of $ 110.5 billion. (SDA)
