Despite Market Plunge, These 10 Billionaires Gained $23 Billion This Week

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Despite Market Plunge, These 10 Billionaires Gained $23 Billion This Week
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Despite the market plunge, these 10 billionaires gained $23 billion this week:

of an internal memo in which Musk told employees it was"time to go all out" and bring the firms' semi commercial truck to volume production, though he didn't specify a time frame for doing so. In the week through Thursday, Musk’s fortune rose $3.4 billion to $41.5 billion.

The CEO of one of the world's largest makers of the batteries powering these electric cars is also among the week's biggest gainers.founded China-based Contemporary Amperex Technology in 2011, and this week his fortune is up $1.2 billion. On Thursday CATL, a supplier for Toyota, Volkswagen and Tesla, announced the launch of an electric vehicle battery designed to last up to 16 years, sending shares soaring 5%. Zeng ended the day with a $13.4 billion net worth.

The remaining top 10 gainers are based in Asia, namely China and South Korea, where markets weathered the Thursday crash. All of them draw their fortunes from industries booming during the coronavirus pandemic. , the founder of Chinese e-commerce giant Pinduoduo and China's third-richest person, is worth $2.7 billion more in the past week. His fortune has nearly doubled during the pandemic., the founder of South Korea-based Celltrion Group, is $1.

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