Elon Musk is now worth more than Jeff Bezos and Bill Gates combined; now has a net worth of $335 billion | Tech News

When Tesla CEO Elon Musk went to mattress on Sunday night time of October 25, his web value stood at $254 billion. When the market closed at 4:00 PM EST Monday, Musk’s net worth was $290 billion. That’s proper, a $36 billion acquire in only a single day.

Quick ahead every week later, Musk’s web value has elevated by $45 billion, in line with knowledge from Bloomberg’s index monitoring the world’s richest folks. Which means Musk was making a mean of $5 billion for 7 days. That additionally signifies that Musk is now value greater than Jeff Bezos and Invoice Gates mixed.

“Bloomberg estimated Tesla CEO Elon Musk’s web value at $335 billion after Tesla’s inventory rose once more. Tesla’s inventory has risen 65.6% this 12 months, together with an 8.5% acquire on Monday. Musk is by far the wealthiest individual on Bloomberg’s index monitoring the world’s richest folks.”

Final month, Tesla CEO Elon Musk additionally overtook Jeff Bezos to reclaim the title of the world’s richest person; the third individual ever to amass a fortune value $200 billion. With the present inventory value of Tesla, Musk is now value greater than $230 billion and is doubtlessly on his method to turning into the world’s first trillionaire.

In 2021 alone, Musk’s web value has soared by $165 billion this 12 months, in line with Bloomberg’s index. His beneficial properties Monday had been pushed by an 8.5% rise in Tesla’s share value, Bloomberg first reported. The multibillionaire owned about 22.4% of the corporate firstly of the 12 months. As compared, Jeff Bezos’ web value fell by $2..78 billion at $193 billion whereas Microsoft co-founder stands at solely $136 billion.

It’s value noting that 9 of the world’s high ten billionaires are from america. Bernard Arnault of France is available in third place. In the meantime, the easiest way to place Musk’s web value into perspective is to see how his wealth has grown during the last ten years. Jon Erlichman from Bloomberg shares the tweet under that reveals how Musk’s wealth has grown over time.

Elon Musk’s web value:

Nov 2021: $335 billion
Nov 2020: $120 billion
Nov 2019:  $25 billion
Nov 2018:  $24 billion
Nov 2017:  $20 billion
Nov 2016:  $10 billion
Nov 2015:   $11 billion
Nov 2014:  $10 billion
Nov 2013:    $7 billion
Nov 2012:    $2 billion
Nov 2011: $680 million pic.twitter.com/0aKbeyvqis

— Jon Erlichman (@JonErlichman) November 2, 2021