Elon Musk Rejoins the $200 Billion Club as Tesla Stocks Jump
-
Less than a week after falling below, Tesla CEO Elon Musk has rejoined the $200 billion club as the car company’s shares rose on Monday
-
The billionaire is now worth $222 Billion, according to Bloomberg Billionaires Index
-
The SpaceX boss is now the only person in the world with a net worth above $200 billion
Tesla CEO Elon Musk knows how to make headlines. If his tweets don’t do it, his involvement in cryptocurrency or discussions about his huge wealth creates tremor. The latter is the case in this scenario as the 50-year-old rejoined the $200 billion club after adding more than $20 billion to his net worth over the past week.
On Thursday, February 24, Naija FM reported that the Tesla boss had fallen below the $200 billion landmark after the company’s shares came tumbling down. This setback didn’t last long again as the billionaire is now worth $222 billion, according to Bloomberg Billionaires Index.
The tech mogul’s wealth resurgence began on Thursday as Tesla shares rocketed by 4.8%. Since then the stock has continued to rise, giving the billionaire more edge in the wealth race against Jeff Bezos.
Elon Musk currently holds the title of the world’s richest man and he is the sole member of the elite $200 billion club. Closest rival Jeff Bezos is some way behind, with an estimated net worth of $176 billion.
Also recently, the SpaceX founder gained the title of America’s second-biggest philanthropist. This is thanks to a $6 billion donation that he made to charity last year.
Follow Naija.fm on our social media handles Facebook, Instagram, and Twitter to keep up with trending news, breaking news, entertainment news.
