Elon Musk, co-founder and CEO of Tesla Inc. and SpaceX, has become the second richest person in the world. He left behind Microsoft co-founder Bill Gates. The 49-year-old Elon Musk’s net worth has increased by $ 7.2 billion in the past and has now increased to $ 127.9 billion.
According to a report by Bloomberg, this has resulted in an unprecedented increase in their net worth after a huge surge in Tesla shares. Elon Musk’s net worth has increased by $ 100.3 billion this year. In January of this year, he was ranked 35th on Bloomberg’s list of the world’s billionaires.
This is only the second time in the eight-year history of the Bloomberg Billionaires Index that Microsoft Corp. co-founder Bill Gates has fallen below the number one spot on the rich list.
In 2017, Bill Gates held the top spot for years before Amazon founder Jeff Bezos took first place. Gates’s total assets now stand at $ 127.7 billion.