The billionaire Tesla CEO is set to become the world’s third-richest person, leapfrogging Mark Zuckerberg after his net worth swelled by more than $15 billion in extended trading, on Monday, according to Bloomberg. This comes as one of the biggest gains in the ranking of the world’s 500 richest people.
The Bloomberg Billionaires Index put Musk’s estimated net worth at $102 billion at the end of Monday. Musk is currently the world’s fourth wealthiest man, and with this addition he is set to overtake Mark Zuckerberg, who currently has a networth of $106 billion.
The jump in Musk’s fortune came as the shares of the electric car-maker Tesla soared over 13% after S&P Global said the company would be added to S&P 500 index, a broad measure of the most prominent stocks listed in the US.
Source: Business Insider
- “The Wolf of Wall Street: A Cautionary Tale of Excess and Greed” - March 3, 2023
- Hola gives the people of Bangladesh free access to a world of online content with the launch of its Hola Browser - January 27, 2023
- Don’t stop cultivating cash crops but increase production in unutilized lands: PM - January 13, 2023