Elon Musk Gains $8 Billion to Become World’s Fourth-Richest Person

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Elon Musk’s financial upswing shows no signs of slowing.

The outspoken entrepreneur is now the world’s fourth-richest person after Tesla Inc. shares surged 11% on Monday, closing at a record high and boosting Musk’s net worth by $7.8 billion.

The rise vaulted the Tesla co-founder past French luxury tycoon Bernard Arnault, the wealthiest non-American on the Bloomberg Billionaires Index. Musk’s $84.8 billion fortune puts him within $15 billion of Mark Zuckerberg, number three on the ranking of the world’s 500 richest people.

Read more at Bloomberg.

{Matzav.com}

4 COMMENTS

  1. It’s all fake. Until he actually sells his stocks, he’s worth gornisht mit gornisht. It’s the same thing with these bitcoin “investors”. You can’t walk into your local cafe and pay for your cappuccino using bitcoins. One’s true wealth is measured by how much cash he has on hand.

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