Tesla CEO Elon Musk on Monday, November 23 passed Microsoft co-founder Bill Gates to become the second richest person in the world.
The 49-year-old net worth raised from $7.2 billion to 127.9 due to the rise of exponential rise in Tesla’s share price.
The growth of Musk’s net worth is boosted by Tesla, whose market value is nearing $500
He owns 20 percent of the shares at Tesla whose Worth’s more that Space X
His riches come from his direct stake in Space Exploration Technologies Corp or SpaceX.
Microsoft founder Bill Gates held the number one position in the list of top richest people in the world until Amazon Founder Jeff Bezos knocked him off in 2017
However,Gates would have been much richer had he not have donated his fortune to charities
It is reported that Gates has given to his foundation more than $50 billion since 2006.
Bezos still rocks the number one position according to Bloomberg with $187 billion which has boosted by $67 in 2020
Do you have a story you would like us to publish? Please reach us through [email protected] or call/SMS +254 731 469269