Elon Musk Becomes $373 Million Richer After Tesla’s Stock Rise, Far and Away the World’s Wealthiest Person

Elon Musk, laminitis of SpaceX, speaks during the Satellite 2020 astatine the Washington Convention Center successful Washington connected March 9, 2020. (Brendan Smialowski/AFP via Getty Images)

The spread betwixt Elon Musk and the different ultra-wealthy continues to widen with accrued valuations for Tesla and SpaceX.

What Happened

Tesla shares deed a precocious of $900.00 Thursday, astir hitting their all-time precocious of $900.40, aft releasing third-quarter earnings.

The banal closed astatine $894, up 3 percent connected the day, mounting a split-adjusted grounds adjacent for shares of the electrical conveyance company.

Musk’s Wealth

Musk added $373 cardinal to his idiosyncratic wealthiness Thursday, according to Bloomberg’s Billionaire Index. The further worth takes Musk’s nett worthy to $242 billion, a summation of $72 cardinal successful the year-to-date period.

Musk is present worthy $45 cardinal much than Jeff Bezos ($197 billion), the laminitis of Amazon.com Inc.

Bernard Arnault ranks 3rd astatine $163 billion.

Over the weekend, it was reported Musk is worthy much than Microsoft Corp founder Bill Gates and Berkshire Hathaway CEO Warren Buffett combined.

Gates is 3rd connected the database with a wealthiness of $133 cardinal and Buffett ranks 10th astatine $105 billion.

By Chris Katje

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