Elon Musk takes his place from Bill Gates: He is already the second richest man in the world


The increase in the value of the shares of the high-end electric car firm Tesla , caused its CEO Elon Musk to become the second richest man in the world, supplanting the co-founder of Microsoft , Bill Gates .

According to the Bloomberg Billionaires Index , the 6.58% rise in Tesla's shares brought Musk's fortune to $ 127.9 billion.

It is possible that Musk will increase his fortune substantially since Tesla will be included in the S&P 500 stock index from December 21, 2020 and the shares of the automaker represent about three-quarters of the businessman's assets.

Still, Musk is still behind Amazon founder Jeff Bezos , who is worth $ 182 billion.

Image: AP Photo / Jae C. Hong via BI

Musk started the year 2020 being the 35th. richest person in the world, but now surpassed Bill Gates who "only" has a fortune of 127.700 million dollars.

It should be noted that it is not the first time that Gates is not the second richest man in the world and in fact he would have a much greater fortune than he owns today if he had not donated 26,000 million dollars to the Bill and Melinda Gates Foundation since 2006 .

Related:
Elon Musk le quita su lugar a Bill Gates: Ya es el segundo hombre más rico del mundo
Elon Musk takes his place from Bill Gates: He is already the second richest man in the world
Así será la vida de las primeras personas que lleguen a Marte, según Elon Musk

Should you invest $1,000 in HCSB Financial right now?

Before you consider HCSB Financial, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and HCSB Financial wasn't on the list.

While HCSB Financial currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

A Guide To High-Short-Interest Stocks Cover

MarketBeat's analysts have just released their top five short plays for May 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.

Get This Free Report

Featured Articles and Offers

Search Headlines: