Elon Musk on Monday grew to become the third richest individual on this planet. Based on the Bloomberg Billionaires Index, Musk was value $111.3 billion in contrast with $110.5 billion for Zuckerberg on Monday. The event got here after the shares of Tesla rallied following a ahead inventory break up. As Tesla shares surged virtually 500 per cent, there’s a rise in Musk’s wealth and his internet value grew by $87.8 billion this yr.
Based on the report with Bloomberg, Tesla has been one of many largest beneficiaries of the retail funding growth in the course of the coronavirus pandemic lockdown. Final month, as many as 40,000 Robinhood accounts added Tesla shares throughout a single four-hour span.
Final week, Musk joined Zuckerberg, Bezos and Microsoft Corp. co-founder Invoice Gates within the rarefied centibillionaire membership as tech shares rose.
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