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Elon Musk’s Fortune Surges to $232 Billion as Tesla Stocks Gain Big

Elon Musk’s Fortune Surges to $232 Billion as Tesla Stocks Gain Big

  • Elon Musk cemented his title as the richest man in the world as his fortune reached $232 billion on Friday
  • The Tesla CEO gained $8 billion as the electric auto company‘s shares rose by nearly 4% on Friday
  • At the moment, Musk’s wealth exceeds that of closest rival, Jeff Bezos by $46 billion as the Amazon CEO is worth $186 billion

Elon Musk, the CEO of Tesla Inc and SpaceX continues to be the richest person in the world, as the wealth of the billionaire surged to $232 billion on Friday.

Elon Musk

The 50-year-old added $8 billion to his fortune at the end of the trading week as Tesla’s stocks jumped 4%.

The 4% gain has pushed the market valuation of the electric car company to $935 billion, as it edges closer to the $1 trillion mark that was attained in September last year.

Despite the strong gains, the tech billionaire is still $38.8 billion short of his wealth valuation from the start of the year.

According to Elon Musk’s recent tweet, Tesla’s stock is gaining momentum as it is currently working on Part 3 of its “master plan”.

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Part 3 would focus more on autonomy and the company’s plan to expand its vehicle line to more segments.

With the billionaire’s recent gain, he is now $46 billion richer than his closest rival Jeff Bezos, who is currently worth $186 billion, according to Bloomberg Billionaires Index.

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