Elon Musk joins $100 billion+ family, become 4th richest man

The CEO of Tesla, Elon Musk comes up to the 4th position in the Bloomberg Billionaires index. That means he is now the 4th richest person in the world, after Jeff Bezos, Bill Gates, and Mark Zuckerberg. Besides that, Musk’s net worth crosses the $100 billion mark. His current net worth is $101 billion.

The recent $5.46 billion addition in his wealth gives the push ultimately. As per the report, Musk gains a total of $73.6 billion to date this year.

Maximum of the richest persons face the growth of their wealth from the beginning of this year, aimed at the global coronavirus pandemic. Bloomberg’s report is saying the 500 richest persons in the world gain a total of $809 billion. In this amount, Jeff Bezos owns $87.1 billion, whereas Elon Musk owns $73.6 billion. These two are one of the highest gains on the list this year.

Bloomberg Billionaires index _27-08-2020_TechnoSports.co.in
by – Bloomberg

The reason behind Elon Musk’s wealth growth is the 400% valuation increase in Tesla’s stock this year. Musk owned 40.4 million Tesla shares of worth $87 billion, as of June 2020. At the beginning of this year, Musk had nearly 38.7 million shares, which cost around $16.2 billion.

The Amazon CEO, Jeff Bezos is the only person having net worth more than $200 billion. The exact figure is $202 billion, just double than Musk. Bill Gates owns $124 billion and the Facebook founder owns $115 billion.

Source

Do Check Out 👇🏼

TechnoSports 🔥 Stay Updated

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

More like this

Elon Musk: The Billionaire’s Extraordinary Family Landscape as He...

In the realm of modern family structures, few stories are as complex and fascinating as that of...

Donald Trump Cabinet Shake-Up: Elon Musk’s Getting Death Threats?

Donald Trump Cabinet Shake-Up! Hold onto your MAGA hats, folks! The White House just hosted its first cabinet...
Tesla Robotaxi

Tesla Robotaxi: Uber vs Tesla – The Robotaxi Battle...

Tesla Robotaxi: The future of autonomous ride-sharing is shaping up to be a competitive battlefield, and Uber...

Grok-3: The AI Revolution That’s Breaking the Internet!

Grok-3 for Free? Hey there, tech enthusiasts and AI adventurers! Elon Musk just dropped a digital bombshell that's...

Grok-3 Review: The AI That’s Rewriting the Rules of...

Grok-3 AI Updates! Hey there, tech enthusiasts and AI nerds! Are you ready for a deep dive into...

LATEST NEWS

iOS 18.4: The Must-Know Apple Intelligence Features Arriving in April

Apple's latest iOS 18.4 update may not bring the much-anticipated Siri enhancements just yet, but it still packs some powerful Apple Intelligence features that...

Monopoly Go Marble Trouble: Maximize Your Event Rewards

In the dynamic world of mobile gaming, Monopoly Go’s Marble Trouble event represents a strategic battlefield where players can transform digital resources into substantial...

Monster Hunter Wilds: Your Complete Portable BBQ Grill Survival Guide

Monster Hunter Wilds Portable BBQ Grill Guide! In the unforgiving wilderness of Monster Hunter Wilds, survival is an art form, and mastering the Portable BBQ...

Samantha Ruth Prabhu: A Regal Celebration of 15 Years in Indian Cinema

Samantha Ruth Prabhu, a name synonymous with elegance and talent in the Indian film industry, recently marked a significant milestone—15 glorious years in cinema....

Featured