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Elon Musk overtakes Bill Gates in the ranking of the super-rich

2020-11-24T12:22:43.734Z


For Tesla it is on the stock exchange - and for boss Elon Musk on the account: Now he even overtook Bill Gates on a list of the handover. But neither of them can get close to the Amazon boss.


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Elon Musk (after a successful rocket launch in May 2020): Richer than Gates, poorer than Bezos

Photo: STEVE NESIUS / REUTERS

These men move in financial spheres in which the credit should no longer fit on the bank statement.

Elon Musk, in particular, has made a lot of money recently, the soaring of his electric car manufacturer Tesla on the stock market is causing the company's boss's fortune to keep increasing.

According to the billionaire ranking "Bloomberg Billionaires Index", the 49-year-old entrepreneur overtook Microsoft co-founder Bill Gates on Monday and is now the second richest person in the world.

Thanks to the strong price increase of Tesla shares by 6.5 percent, Musk's fortune climbed by 7.2 billion to 127.9 billion dollars (108 billion euros) in a single day.

Since the beginning of the year it has already increased by a whopping $ 100.3 billion.

Gates last made it to $ 127.7 billion in Bloomberg's super-rich charts.

His fortune would be even higher if he didn't donate so much money.

At the top of the billionaire list is still the undisputed Amazon boss Jeff Bezos, whose fortune the "Bloomberg Billionaires Index" estimates at 182 billion dollars.

As major shareholders of their companies, Musk and Bezos benefit above all from their strong price development on the stock exchange.

Tesla's share has risen 675 percent in the past twelve months.

Assets are always only estimates

With a market value of almost 500 billion dollars, the group is by far the most heavily traded car maker in the world, despite relatively low production figures and only modest profits.

Billionaire charts such as the Bloomberg Billionaires Index or Forbes lists are only estimates based on publicly available information on assets such as stocks, real estate, works of art and other luxury goods.

On the Forbes Billionaires List, Musk ranks fourth with a fortune of $ 110.5 billion.

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jok / dpa

Source: spiegel

All business articles on 2020-11-24

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