Elon Musk takes his place from Invoice Gates: He’s already the second richest man on this planet

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The 6.58% increase in Tesla titles brought Musk's net worth to $ 127.900 million.

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November
24, 2020

2 min read

This article has been translated from our Spanish edition using AI technologies. Errors can occur due to this process.

The appreciation of the shares of the high-end electric car company Tesla resulted in its CEO Elon Musk becoming the second richest man in the world, ousting the co-founder of Microsoft , Bill Gates .

According to the Bloomberg Billionaires Index The 6.58% increase in Tesla shares brought Musk's net worth to $ 127.9 billion.

It is possible that Musk will grow his net worth significantly as Tesla will be added to the S&P 500 stock index starting December 21, 2020 and the automaker's shares make up about three-quarters of the entrepreneur's net worth.

Even so, Musk still stands behind Amazon founder Jeff Bezos, who is valued at $ 182 billion.

Image: AP Photo / Jae C. Hong via BI

Musk started 2020 as the 35th richest person in the world, but has now surpassed Bill Gates, who "only" had a net worth of $ 127,700 million.

It should be noted that this is not the first time Gates has not been the second richest man in the world, and in fact, he would have had a much larger net worth than he has today if he hadn't donated $ 26,000 million to Bill and Melinda Gates' founding since 2006 .