Elon Musk Becomes Second-Richest Man in the World With $127.9 Billion in his Pocket, Tesla CEO Supersedes Microsoft's Bill Gates to Secure the Place
The 49-year-old Tesla Inc. co -founder Elon Musk superseded the Microsoft's Bill Gates to become the second-richest person in the world. His network increased from $7.2 Billion to $127.9 Billion. Elon Musk is a South African-born American entrepreneur and businessman who founded X.com (now PayPal) in 1999 , SpaceX in 2002 and Tesla Motors in 2003.
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New Delhi, November 24:┬аThe 49-year-old Tesla Inc. co -founder Elon Musk superseded the Microsoft's Bill Gates to become the second-richest person in the world. His network increased from $7.2 Billion to $127.9 Billion as the share prices of Tesla surged with the company approaching towards a $500 Billion market value. He also owns stakes in Space Exploration Technologies Corp,. or Space X. However, most of his net work is build up by his holdings in Tesla.┬аElon Musk Launches 'Tesla Tequila' Worth $250, Premium Quality Alcohol Gets Sold Out Online Within Hours!
┬аMusk was able to increase his net worth┬а by┬а $100.3 Billion alone in this year. This value addition has been the highest anyone from the list of┬а ┬аBloomberg Billionaire Index, a ranking of the worldтАЩs 500 richest people has recorded.┬а ┬аThe Space-X founder┬а hold 35th rank in January┬а 2020. This is only second time in the eight-year long history of the index that someone has been bale to push Gill gates down from the second spot. Earlier Amazon.com's Jeff Bozos managed to secure the second rank┬а ┬аin 2017.┬аElon Musk Tests Positive and Negative for COVID-19 After Taking 4 Tests on the Same Day, Says тАШSomething Extremely Bogus Is Going On.тАЩ
Elon Musk is a South African-born American entrepreneur and businessman who founded X.com (now PayPal) in 1999 , SpaceX in 2002 and Tesla Motors in 2003. Musk became a multimillionaire in his late twenties when he sold his start-up company, Zip2, to a division of Compaq Computers.
(The above story first appeared on LatestLY on Nov 24, 2020 10:36 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
