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Business

Elon Musk Expands Fortune to $236 Billion

Elon Musk Expands Fortune to $236 Billion

  • Elon Musk has extended his gap as the richest person in the world after his net worth increased to $236 billion
  • The Tesla CEO is now more than $40 billion richer than closest rival Jeff Bezos, according to Bloomberg Billionaires Index
  • Musk has added almost $70 billion to his fortune in 2021 as Tesla and SpaceX stocks continue to boost

Elon Musk is pulling away from the crowd as the billionaire continues to extend his lead as the richest man in the world.

Elon Musk

The Tesla CEO added more than -$10 billion to his net worth and his wealth is now valued at $236 billion, according to Bloomberg Billionaires Index.

His amazing wealth gain now means that Musk has $40 billion over Amazon founder Jeff Bezos who is his closest rival.

The 50-year-old’s wealth value surpasses that of both Bill Gates and Warren Buffet together, even though but billionaires have held the no 1 spot in the past.

Bill Gates is the fourth richest man in the world with a current wealth value of $130 billion while Warren Buffet has an estimated net worth of $103 billion.

Musk’s wealth rise is a result of the increase in stock prices of companies SpaceX and Tesla inc.

Musk has added more than $60 billion to his fortune this year with SpaceX being valued at over $100 billion playing a major role in this.

The Tesla boss is not one to shy away from celebrating his achievement as he recently took to Twitter to mock Jeff Bezos after becoming richer than him.

Elon Musk sent a silver medal to his rival indicating that the Amazon boss is coming second in the billionaire wealth race.

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