With Musk’s net worth reaching $181.1 bln this month, it is only about $3 billion shy of the wealth of Jeff Bezos, CEO and founder of Amazon.
A recent increase in market value of electric car manufacturer Tesla Inc has effectively propelled the company CEO Elon Musk to the position of the second-wealthiest person in the world.
As Tesla closed trading on Wednesday with a 2.8 percent gain, raising its total value to $717 billion, Bloomberg points out that Musk’s net worth reached $181.1 billion, which is only about $3 billion shy of the fortune owned by Amazon founder Jeff Bezos, who has held the top spot in the magazine’s Billionaire Index since October 2017.
According to AFP, Tesla exhibited the aforementioned gains as it joined S&P 500, “establishing the company as one of the world’s most valuable businesses”, with industry analysts remaining optimistic about Tesla’s sales prospects despite the fact that the cars produced by this manufacturer “remain out of reach for many buyers”.
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