Elon Musk Wealth Expands by $15 Billion - Set to Become World's Third-Richest Person



Musk, 49, is set to become the world’s third-richest person, bouncing Mark Zuckerberg, following his net worth grown over higher than $15 billion in trading. It’s been important few days for Elon Musk.


Although the billionaire tested positive for Covid-19, he has tweeted on Saturday that he had a moderate case with "a minor cold". On Sunday he tweeted no symptoms. On the same day his rocket company launched four astronauts into space and on Monday his electric carmaker Tesla Inc. was named for inclusion in the S&P 500. Which added more fortune to his net worth.


According to Bloomberg Billionaires Index, Tesla, whose stock closed at $408.09, rose about 14% at 6:20 p.m. in New York, lifting Musk’s net worth to $117.5 billion. His wealth has jumped $90 billion this year, the biggest gain on the ranking of the world’s 500 richest people.


Tesla, with a market capitalization of $400 billion, is included in the index after meeting all the requirements and will be placed alongside the top 10 most valuable companies on December 21. Musk's company will be placed alongside other valuable firms like Apple, Amazon.



TheNewsWing

Powered by TheNewsWing