The CEO of electric car maker Tesla is now worth about $ 128 billion, after increasing by $ 100 billion this year.
There is a big gap between (Elon Musk) and the number one who is currently held by the CEO of Amazon, (Jeff Bezos), who has a fortune of about $ 182 billion.
In January, Elon Musk ranked 35th on the list, according to the Bloomberg Billionaires Index.
Musk’s rapid rise to the list was mainly driven by Tesla’s stock price, as the electric car company currently has a market value of about $ 500 billion after it started the year with less than $ 100 billion.
According to press reports, Tesla has the highest market value of any car manufacturer in the world, despite the fact that it produces few numbers compared to the famous carmakers.
The company expects to produce 500,000 cars this year, compared to about 10 million for a company like Toyota, and about three-quarters of Musk’s fortune comes from Tesla’s shares.
Musk’s other major project, SpaceX, has also seen success, as last week the company transported four astronauts to the International Space Station aboard its Crew Dragon spacecraft.
Bill Gates held the first place on the Billionaires Index for years until Jeff Bezos surpassed it in 2017.
Bloomberg notes that Gates would likely have a higher net worth right now if he didn’t give much money to charity, with his endowment exceeding $ 27 billion since 2006.
Gates and Musk had some notable disagreements this year. Musk said of Gates in September: He had no idea about the viability of electric trucks, after Gates said: “Half-electric trucks are unlikely to be practical.”
Gates said earlier this year: that Musk should avoid making big predictions about areas he is not familiar with, after Tesla’s CEO downplayed the risk of the Corona pandemic.
Musk overtook Facebook CEO Mark Zuckerberg last week when he became the third-richest person in the world on the Billionaires Index.
Zuckerberg has since slipped to fifth place in the world rankings after being overtaken by French businessman (Bernard Arnault).