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Home » Elon Musk is now the second richest man in the world, surpassing Bill Gates

Elon Musk is now the second richest man in the world, surpassing Bill Gates

The net worth of Elon Musk has grown by $ 100.3 billion this year, according to the Bloomberg Billionaires Index. The index is a ranking of the 500 richest people in the world.

What caused this growth was the skyrocketing Tesla stock price. This boost took Elon Musk from 35th in the Bloomberg ranking to 2nd with a net worth of nearly $ 128 billion.

This ranking advance made Musk pass Bill Gates on Tuesday. second only to Jeff Bezos , founder of Amazon.

Elon Musk receives Tesla shares as a reward based on the company’s performance, which has been very worthwhile, due to the huge increase in the value of Tesla shares .

Musk has so far received four of the 12 bonuses traded in his executive compensation package.

After some production challenges, Tesla has greatly increased its production of electric cars, which have proved popular – the Model 3 is the best-selling luxury car in America. And Wall Street is feeling optimistic about the future of electric vehicles and clean energy, as companies and governments around the world propose increasingly significant actions to combat climate change.

Tesla’s shares also got a jump with the news that the S & amp; P 500 would be adding the company to its influential index. And the stock market as a whole is rising on Tuesday – with the Dow Jones Industrial Index reaching 30,000 points for the first time.

Elon Reeve Musk FRS is a business tycoon, industrial designer and engineer. He is the founder, CEO, CTO and chief designer of SpaceX; Tesla, Inc’s first investor, CEO and product architect; founder of The Boring Company; co-founder of Neuralink; and co-founder and initial co-president of OpenAI.
Net worth: $ 110.5 billion (2020) Forbes, Trends
Born: June 28, 1971 (49 years old), Pretoria, South Africa
Citizenship: South Africa (1971 – present); Canada (1971-present); United States (2002-present)
Partner: Grimes (2018–)
Spouse: Talulah Riley (m. 2013–2016), Talulah Riley (m. 2010–2012), Justine Musk (m. 2000–2008)
Children: X Æ A-Xii, Nevada Alexander Musk, Kai Musk, Xavier Musk, Saxon Musk, Damian Musk, Griffin Musk

Member of the Royal Society (in English: Fellow of the Royal Society – FRS) is an honorary title awarded to notable scientists and also a type of affiliation of Royal Society for the Improvement of Natural Knowledge.

Candidates must either be natural or reside in the United Kingdom, the Republic of Ireland or the Commonwealth territories. Prominent scientists from elsewhere can assume the status of a foreign member. The articles of association of the Society indicate that candidates for election must have made “a substantial contribution to improving knowledge of nature, including mathematics, engineering science and medical science”.

Up to 44 new members are elected each year through the vote of existing members of the Society. The elected member has the right to place the letters FRS after his name.