Elon Musk is now richer than Mark Zuckerberg
The fight to become the richest tech overlord is heating up.
Thanks to Tesla’s stock price rise following a successful stock split that went live on Monday, Tesla CEO Elon Musk is now the third richest person in the world, according to Bloomberg’s count.
Musk is now worth US$115.4 billion. Astonishingly, his net worth grew by US$87.8 billion just this year, as Tesla’s stock price increased roughly fivefold.
This leaves only two tech moguls that are richer than Musk: Bill Gates, with an estimated net worth of US$125 billion, and Jeff Bezos, who’s worth US$202 billion. The way Musk has been smashing through the ranks — after all, he jumped from fifth to fourth richest just two weeks ago — it wouldn’t be very surprising if he caught up with Gates fairly quickly.
Tesla stock price ended at US$498.3 on Monday, in its first day of trading after the five-for-one stock split, a 12.5 percent increase. TSLA is trading at US$532.8 in premarket trading Tuesday, meaning the trend will likely continue — or another day at least.— Source:
Stan Schroeder / sea.mashable.com