Home » Tesla boss Musk overtakes Bill Gates in billionaire rankings

Tesla boss Musk overtakes Bill Gates in billionaire rankings

by alex

Amazon boss Jeff Bezos remains the undisputed richest person in the world.

The soaring of the US electric car manufacturer Tesla on the stock exchange is causing the assets of company boss Elon Musk to keep increasing. According to the “Bloomberg Billionaires Index” billionaire ranking, the 49-year-old star entrepreneur overtook Microsoft co-founder Bill Gates on Monday and is now the second richest person in the world. At the top is still the undisputed Amazon boss Jeff Bezos.

Thanks to the strong 6.5 percent rise in Tesla stock, Musk's fortune rose 7.2 billion to 127.9 billion in a single day. Dollars ﴾108 billion euros﴿ climbed. Since the beginning of the year it has already grown a staggering $ 100.3 billion. Gates last hit $ 127.7 billion on Bloomberg's super-rich chart. His fortune would be significantly higher if he didn't donate so much money. The richest person in the world is still Amazon boss Bezos, whose fortune the “Bloomberg Billionaires Index” estimates at 182 billion dollars.

As major shareholders of their companies, Musk and Bezos benefit above all from their strong price development on the stock exchange. Tesla's share has risen 675 percent in the past twelve months. With a market value of just under $ 500 billion, the company is by far the most heavily traded car maker in the world, despite relatively low production figures and only modest profits.

Billionaire charts such as the Bloomberg Billionaires Index or Forbes lists are only estimates based on publicly available information on assets such as stocks, real estate, works of art and other luxury goods. On the Forbes Billionaires List, Musk ranks fourth with assets of $ 110.5 billion.

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