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Al-Marsad Journal – Agencies: Thanks to Tesla’s skyrocketing share in electric vehicles, billionaire Elon Musk’s net worth is more than 5 times his size during the pandemic.
Second place
His fortune has risen from $ 24.6 billion in mid-March to $ 126.8 billion today, according to estimates by Forbes magazine, but despite the rapid and significant increase, the 49-year-old businessman does not has not yet ranked second richest people in the world.
The magazine places Musk in third place, behind Jeff Bezos, the leader with $ 182.6 billion, and French luxury magnate Bernard Arnault, with $ 140.6 billion.
Bill Gates has passed
And with Tesla shares soaring last week, Musk overtook Bill Gates, who now sits in fourth place with $ 119.4 billion.
Musk owns 21% of Tesla’s shares and about 48% of SpaceX, which recently launched its first manned space mission. Investors estimated SpaceX’s worth at 46 billion last August.
I did not care
Musk emailed Forbes about his net worth in July saying, “I really didn’t care. These numbers go from top to bottom, but what really matters is creating great products that people love. “
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