Elon Musk and Bill Gates Tied for
Title of World’s Second Richest Man.
On Monday, Elon Musk’s net worth
soared to $127.9 billion after shares of
Tesla reached a record high. .
Four a couple of hours, Musk’s net worth was slightly
higher than Microsoft co-founder Bill Gates.
‘Bloomberg’ estimated that Gates
was worth $127.7 billion at the time of
Musk’s leap up the leaderboard. .
The latest readout from the ‘Bloomberg’
Billionaires Index puts Musk and Gates
at $128 billion each. .
This ties them for the title of
world’s second-richest man. .
Amazon CEO Jeff Bezos currently
holds the title of world’s richest person
with an estimated $182 billion net worth.
Musk’s wealth is directly tied to Tesla. He owns
about 20 percent of the company’s stock. .
So far, Tesla has shot up almost
524 percent in 2020, adding an estimated
$100 billion to Musk’s wealth. .
If not for his philanthropy work, Gates would
likely be an even bigger billionaire.
Gates has given a total of roughly
$50 billion to charity and pledged to
donate more than half of his wealth to
charitable causes during his lifetime.