Thanks to a rental-car company that at one point went bankrupt, Elon Musk is now worth a mind-boggling $289 billion.
The personal wealth of Tesla’s TSLA, +0.93% chief executive officer shot up by $36.2 billion on Monday, according to the Bloomberg Billionaire Index. He’s now comfortably ahead of Amazon AMZN, +1.65% CEO Jeff Bezos’s $193 billion wealth pile, that dropped by $751 million on Monday as shares of the e-commerce giant fell 0.5%.
Even combining the wealth of Microsoft MSFT, +0.75% co-founder Bill Gates and Facebook FB, -4.19% boss Mark Zuckeberg doesn’t touch Musk’s money pile — their combined wealth is $257 billion. Tesla’s valuation surged past $1 trillion on Monday, with the stock closing at a record high of $1,024.86 after Hertz HTZ, announced plans to order 100,000 Tesla vehicles and a Morgan Stanley analyst lifted his forecast on the auto maker.As for Musk, his one-day wealth gain surpassed that of gross domestic products for entire countries, including Estonia, Latvia and Bolivia.The Wolf Street blog neatly visualized Tesla’s market cap against automakers including Toyota TM, +0.
Ohh Shit, that means he is going to have to pay $8.00 more in annual taxes
Hodl shiba inu elon musk has accepted shiba inu token.
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