Tesla’s stock has been on an absolutely wild road for as long as it is a public company, but in the past 12 months in particular. And with each ascent and descent, therefore moves the fortune of the CEO of the company, Elon Musk. For example, on Friday alone, Elon’s net worth increased by $ 6 billion. Since the start of 2020, her net worth has increased by $ 40 billion. The only person whose net worth has increased more is Amazon CEO Jeff Bezos, whose net worth has increased by $ 40 billion since January 1. And today was just as exciting as Friday! At various times today, Elon’s net worth increased by $ 10 billion to $ 80 billion, but ultimately fell by a few billion. It is literally minute by minute when tracking its wealth.
When Elon’s net worth increased by $ 6 billion on Friday, he jumped several places on our list of the wealthiest people in the world. He jumped on Warren Buffett and Sergey Brin to become the 7th richest person on the planet with a net worth of $ 70.5 billion.
At the close of Friday, the richest people in the world were classified as follows:
# 7: Elon Musk – $ 70.5 billion (Tesla, SpaceX)
# 6: Larry Page – $ 73 billion (former CEO of Google, now known as Alphabet Inc.)
Character 5: Steve Ballmer – $ 77 billion (Microsoft)
# 4: Bernard Arnault – $ 92.5 billion (LVMH – Louis Vuitton, Moet, Hennessy and other brands)
# 3: Mark Zuckerberg – $ 93 billion (current CEO “The Facebook Company”)
# 2: Bill Gates – $ 116 billion (diversified investment portfolio that started with Microsoft)
# 1: Jeff Bezos – $ 190 billion (Amazon)
Today (Monday) was yet another crazy race on the Tesla roller coaster.
When Elon gained $ 6 billion in net worth on Friday, it happened because the Telsa share went from $ 1,394 Thursday to $ 1,544 Friday.
Today, for most of the trading day, Tesla hovered around $ 1,700, hitting an intraday peak of $ 1,795. At this level, Elon Musk’s net worth was $ 80 billion. At this level, he was richer than Larry Page and Steve Ballmer and comfortably the fifth richest person in the world:
Unfortunately, the highs dissipated and the Tesla share ended the day down 3% to $ 1,497.
At this level, Elon’s net worth is approximately $ 68.5 billion. Warren Buffett and Sergey Brin are back in front of him with respectively $ 69.7 billion and $ 69.5 billion.
Many crazy movements have occurred recently with the richest people on the planet. For most of today, MacKenzie Bezos was the wealthiest woman in the world for the first time. But she returned this crown when Amazon’s stock increased and fell like Tesla.
Keep checking! These stories will not calm down soon.