Elon Musk Earns $8 Billion in a Day As His Net Worth Moves to $180 Billion
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The wealth valuation of Tesla CEO Elon Musk increased by $8 billion in a single day thanks to gains in Tesla shares
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Tesla shares increased by 5.27% on Wednesday, increasing the market valuation of the company to $632.5 billion
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According to data acquired from Bloomberg’s billionaire index, his current net worth sits at $180 million pushing him above French billionaire, Bernard Arnault worth $173 billion
Tesla CEO Elon Musk is now the second richest man in the world after his wealth valuation increased by $8 billion in a single day.
The stock price of the car company increased by 5.27% to $656.57, pushing the market valuation of the company to $632.5 billion.
According to Bloomberg’s billionaire index, Musk’s net worth currently sits at $180 billion, making him the second richest man in the world.
The controversial engineer overtakes French tycoon who has a net worth of $173 billion.
Tesla shares have increased following news that the company has opened a green charging station in China.
The charging station in Tibet is solar-powered, making it the first of its kind in China.
Read also: Jeff Bezos is Once Again Worth $200 Billion
The latest wealth increase brings the billionaire’s year to date gain to $10.4 billion.
Elon Musk however some way if his highest recorded net worth of $209 billion in January this year.
