Elon Musk becomes world's third-richest man

Sep 01 2020 04:46 PM
Elon Musk becomes world's third-richest man

Elon Musk is now the third richest man in the world. Tesla Inc shares continued to pick up, causing Musk to beat Facebook Inc. co-founder Mark Zuckerberg on Monday. According to the Bloomberg Billionaires Index, Musk now owns $ 115.4 billion, compared to Zuckerberg's $ 110.8 billion.

Additionally, on Monday, Jeff Bezos' former wife Mackenzie Scott became the world's richest woman, surpassing L'Oreal SA's successor Francois Bettencourt Meyers. The 50-year-old Scott, who received a 4 per cent stake in the company as part of the divestment from Amazon Inc. founder Jeff Bezos, now valued at $ 66.4 billion. The property of Musk, 49 years old, is increasing wildly. This year, their total property has increased by $ 87.8 billion.

Due to Corona, where the economy has been hurt all over the world, and the industry has suffered a huge loss, this year has been very spectacular for Tesla. Because the shares of Tesla have increased by about 500 per cent. In addition, he has received an unprecedented salary package. This is the most comprehensive corporate salary deal till now, which has taken place between a chief executive officer and a board of directors. If everything goes well, Musk could get more than $ 50 billion. Musk has become the third richest person.

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