Elon Musk Is Now The Second Richest Person In The World, Overtaking Bill Gates
Sorry, Bill...
Entertainment
November 25, 2020

Whether you love him or hate him Elon Musk is a pretty polarising figure and now he has overtaken Co-founder of Microsoft Bill Gates for the title of the second richest person in the world.

With fossil fuels slowly becoming part of history and clean energy solutions becoming more common (except in Australia’s federal policy), investors are flocking to companies like Elon Musk’s Tesla. That’s the reason that the South African-born entrepreneur has just seen a massive spike in share price which, thanks to his 20% ownership of the company, has seen a complimentary rise in his individual wealth.

According to Forbes, Musk is now worth $128bn, leapfrogging him over Microsoft’s Bill Gates $127bn stack, with Jeff Bezos sat at the top of the pile with a $182bn fortune. With governments around the world looking to ban high-level CO2-emitting combustion engines, it’s looking like Tesla’s shares, and Musk’s personal fortune, are only set to grow…

 

Editors Pick