Elon Musk leapfrogs over Bill Gates to become second-richest man in the world

“I have a bunch of houses, but I don’t spend a lot of time in most of them," Musk told Rogan."That doesn’t seem like a good use of assets. Somebody could probably be enjoying those houses and get better use of them than me.”

Although $54 billion still separates Musk from the No. 1 spot — held by Amazon founder and CEO Jeff Bezos, whose fortune is listed at $182 billion — Tesla’s debut on the S&P 500 index next month could narrow that margin. Tesla hit a $500 billion market capitalization for the first time on Tuesday, and Musk's net worth has jumped nearly $20 billion in just the last week.

As part of her divorce, MacKenzie Scott, a novelist and philanthropist, received a 4 percent stake in Amazon. From 1989 until 2016, the wealth gap between the richest and poorest families in the U.S. more than doubled,, a trend now exacerbated by the pandemic. As CEOs such as Musk and Bezos continue to see their fortune increase, small-business owners and millions of unemployed Americans are struggling to survive the economic crisis wrought by the pandemic.

eattherich

So Bezos could give every person in this country about $164 and be tied for the richest person on earth. Where's my guillotine?

Let’s start putting 0’s out there shall we? Tough to grasp without seeing “Musk is a mere $54,000,000,000 away from the No. 1 spot”

Bill is the only one mentioned who is not a complete asshole.

Gates is giving his billions away. Huge difference.

A guy who runs a company that is constantly having problems and loses money every year. And the regular people are standing in food lines in the richest country in the world. Pathetic!

Eat. The. Rich

Hey Elon, the 2 wealthiest people in the world will be dragged to the Central Park guillotines. BREAKING: Elon Musk has given away half his wealth

Boooooo

The tone of this is sociopathic.

Who cares

This is disgusting

If he is personally this wealthy, then why is the Government subsidizing so much of his business? These billionaires are rich off the backs of taxpayers.

America deserves half every decade after $5 billion net worth.

Tax has decreased for the rich for decades, while everyone else’s increased and minimum wage stayed stagnant. Time for tax reform to make the rich pay their fair share. Let’s elect ossoff and ReverendWarnock to begin this process.

Hippity hoppity

Yeah, lets idolize another sociopath while people sleep on the streets. I fucking hate amerikka.

Ew. The only way this shlt happens if low level people are getting exploited. Fvck elon.

Billionaires are the biggest welfare queens on the planet.

Oh goody. Couldn’t happen to a nicer guy. Too bad he doesn’t know how to name children.

Disgraceful , feeding out of the taxpayers trough for years. This shouldn’t happen. A man who doesn’t respect his workers and made all his money off the taxpayers’ $ and workers’ backs. This isn’t free market this is Corp socialism with a side of merciless capitalism.

Isn't it strange that some people think becoming one of the richest people within a capitalist society is an 'accomplishment'?

No wonder he's so insufferable

Welfare King elonmusk

One or both could do something about this. They choose every day not to. Fuck 'em both

Gross

Must be white... no one is buying Tesla’s car but stock is up the roof

GET THE F'IN PITCHFORK'S!!!

And we should eat them all

They ought to try some humble pie

And here I am deciding what flavor of ramen would be great for dinner tonight.

fucking seize them and let them try to explain why they should ONLY have their money taken away

No one person should hold this much wealth. We need to change our laws and tax policies.

Image is everything, in this case.

Xin chúc mưng!

Nice scumbags

We know what the 1% has been doing while we've been quarantined. Counting money.

Now how did that happen when he doesn't have the most popular, highest selling product to each home? 🤔

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Elon Musk is second richest person in world as he knocks Bill Gates off his spotElon Musk has made it as the second richest man in the world after he outgrew Bill Gates' wealth and took his place on the chart
Source: Mirror Celeb - 🏆 476. / 51 Read more »

Elon Musk is now tied with Bill Gates as world's second richest manElon Musk and Bill Gates are each worth $128 billion, tying as the world's second richest man, according to the Bloomberg Billionaires index. What shall it profit a man if he shall gain the whole world and forfeit his own soul? So he send 4 people to the space and he tied with Bill Gates as far as the net worth goes? Ok. Dear GOD/JESUS/ALLAH/SHIV/Jade Emperor/Ahura Mazda/ Kami/Yahweh/Odin/Zeus/Perun/Buddha/etc., I don't feel myself poorer than brother Jeff Bezos.....richer than beggar. Am I having chemical imbalance in my brain ?
Source: CNN - 🏆 4. / 95 Read more »

Elon Musk has overtaken Bill Gates to become the world’s second richest personTesla co-founder Elon Musk is now the world's second richest person after he leapfrogged Microsoft billionaire Bill Gates on the Bloomberg Billionaire Index. Danish Mask Study published in the Annals of Internal Medicine. This is a 4,800-person randomized trial. identical results -- 42 of 2,393 people (1.8%) in the mask group & 53 of 2,470 (2.1%) in the no-mask group infected with C19. The difference was not statistically significant. thanks How much money has bill gates given away?
Source: CNBC - 🏆 12. / 72 Read more »

Elon Musk Passes Bill Gates To Become World's 2nd-Richest PersonTesla's skyrocketing share prices have made Elon Musk the second-richest person in the world — edging past Bill Gates with a net worth of nearly $128 billion, according to the Bloomberg Billionaires Index. And yet, he loves pretending he is a progressive, whilst wearing the garb of a n*zi. Who. F*cking. Cares. Musk is an idiot tho
Source: NPR - 🏆 96. / 63 Read more »

Elon Musk Becomes World’s Second Richest Man, Knocking Bill Gates Into ThirdBut will it make him happy?The world’s biggest pissing competition saw developments Tuesday morning, after Elon Musk, 49, was crowned the second-richest person on Earth, nudging Bill Gates into third spot by a rounding error. Jeff Bezos, 56, the Amazon founder whose fortune is estimated at $182 billion, is still many tens of billions ahead of Musk at $127.9 billion. Fourth is luxury-goods magnate Bernard Arnault, 71; licking his wounds in lowly fifth place is Facebook’s Mark Zuckerberg, 36; while the sixth richest human is Warren Buffett, 90, with a pile of some $86 billion.Musk narrowly leapfrogged Gates, whose fortune is said to be $127.7 billion, on the Bloomberg chart following a further massive surge in Tesla’s share price, occasioned by news of the company being selected to join the S&P 500 index of leading U.S. companies a week ago. This saw the 49-year-old’s net worth rise by $7.2 billion.Incredibly, Musk’s wealth, which is intimately linked to the Tesla share price, has soared by more than $100 billion this year, making him by far the biggest gainer on the Bloomberg Billionaires Index, which lists the world’s 500 richest people. In January, Musk was in 35th place.Tesla’s shares have surged nearly 500 percent in 2020, driving its market value close to $500 billion. Three-quarters of Musk’s net worth comes from Tesla shares—he owns 21 percent of them.If Tesla can become a $650 billion company by 2028, Musk could net a bonus deal worth a record $55.8 billion, potentially eclipsing Bezos in the No. 1 spot. However, whether Tesla can sustain its huge market value is the object of much debate; the company is expected to deliver around 320,000 electric vehicles this year, compared with Japanese carmaker Toyota’s annual production of about 10 million. Toyota has a market capitalization of around $236 billion.However, bulls argue that with sales of electric vehicles expected to triple over the next few years, Tesla is well-positioned for further exponential growth.T The great Elon Musk And if you think Tesla is actually worth its stock price, ElonMusk has a cybertruck he wants to sell you. Nothing to be proud of.
Source: YahooNews - 🏆 380. / 59 Read more »