Don't miss the latest stories
Advertise Newsletter
Network
  • The Creative Finder
  • The Bazaar
  • Deals
  • Status Is Down
Community
  • Sign up / Log in
  • Discussion Forums
  • Calendar of Events
NEW

Follow

Share this

Technology
Lifestyle
MENU
  • Advertise with us
  • Submit tip/feedback
  • Work with us
  • Subscribe to newsletter
  • Subscribe to RSS
Advertise here
Advertisement

Elon Musk Is Now The Fourth Richest Person In The World

By Thanussha Priyah, 19 Aug 2020

Subscribe to newsletter
Like us on Facebook

Image via Phil Stafford / Shutterstock.com

This week, Tesla CEO Elon Musk’s net worth surged to US$84.8 billion on the Bloomberg Billionaires Index, a daily ranking of the richest people in the world.

Musk’s net worth saw the increase after Tesla Inc. shares grew by 11 percent on 17 August 2020, boosting his fortune by US$7.8 billion. This allowed the 49-year-old to overtake French luxury juggernaut Bernard Arnault, the most affluent non-American on the index currently.

Advertisement
Advertisement


Musk now sits
The SpaceX CEO had amassed US$57.2 billion in wealth this year alone, making him the second largest accession on the index after Amazon.com founder Jeff Bezos, who triumphs at the first position in the Bloomberg list with a net worth of US$195 billion.



[via Bloomberg, cover image via Phil Stafford / Shutterstock.com]
Receive interesting stories like this one in your inbox
Advertise here

More related news

Advertise here
Also check out these recent news
Web Design
Link to news page

When Your Website Goes Down, This Is the Page Customers Meet Instead

2027
Link to news page

2027 Already Has A Color Of The Year And It’s Beginning On ‘Grounded’ Territory

IKEA
Link to news page

IKEA & Xbox Press Play On Furniture & Storage Inspired By The Iconic Controller

Fashion
Link to news page

Vogue Presents ‘United Flags of Fashion’ With Top Designers For All 50 States

Coca-Cola
Link to news page

Coca-Cola Pours Fresh Life Into Its Iconic Branding With Worldwide Redesign