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You are here : World News – Russian opinion» RUSSIA» Elon Musk leaves Invoice Gates behind to develop into SECOND-RICHEST individual on planet

Elon Musk leaves Invoice Gates behind to develop into SECOND-RICHEST individual on planet

Posted By Russian Opinion. Under RUSSIA  Tags: ‘Elon, become, behind, bill, Gates, leaves, Musk, person, planet, SECONDRICHEST  

Tesla founder Elon Musk’s web price soared to $ 127.9 billion on Monday, pushed by one more surge within the firm’s share value. And so, the 49-year-old billionaire has surpassed Invoice Gates because the world’s second-richest man.

Tesla inventory rose greater than six % in Monday buying and selling to a document shut of $ 521.85, ending the day with a market cap of round $ 464 billion. That equated to a $ 7.2 billion single-day acquire in Musk’s web price.

The entrepreneur has principally profited from the huge surge in Tesla inventory, which has skyrocketed greater than 520 %, yr up to now. He has added $ 100.three billion to his web price this yr, probably the most of anybody on the Bloomberg Billionaires Index. The entrepreneur started the yr in 35th place on the index.

Additionally on rt.com

CEO of Amazon Jeff Bezos
DESPOTIC DOZEN: Prime 12 US oligarchs now personal $ 1 TRILLION in whole wealth – greater than GDP of Belgium & Austria mixed

Final week, he knocked fellow billionaire and Fb CEO Mark Zuckerberg down a notch from that record.

Based on Bloomberg, the co-founder of Microsoft, Gates, would doubtless place greater if he had not given away greater than $ 27 billion of his fortune to the Gates Basis since 2006.

Amazon Chief Government Jeff Bezos is at present the world’s wealthiest particular person, with a fortune of $ 182 billion, up greater than $ 67 billion this yr.

For extra tales on economic system & finance go to RT’s enterprise part

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