Elon Musk Overtakes Bill Gates To Become World’s Second Richest Person
By admin - November 24, 2020

In the race for the rich, Elon Musk was promoted.

The CEO of Tesla and SpaceX has overtaken Bill Gates and he is now the second richest man in the world – ahead of only Amazon owner Jeff Bezos.

This is due to the fact that Tesla shares have risen very rapidly since entering the S&P 500 index. That filled Musk’s pocket with $ 127.9 billion, which is a little more than Gates’s $ 127.7 billion (well, in ‘a little’ we mean $ 200 million). Bezos is still much ahead with its $ 182 billion.

True, at first glance this is a huge difference, but we must bear in mind that in 2020 alone, Musk’s wealth increased by $ 100.3 billion. In addition, Musk and Bezos are also involved in space racing (Bezos is the head of Blue Origin, a space flight company), so observing the development of this battle of the Titans should be quite interesting.

According to Bloomberg, it is only the second time in the last eight years that Gates has dropped to second place in the list of the richest people in the world. However, perhaps he is less interested in these ratings as he has already repeatedly donated billions of dollars to charity.

Musk, whose salary at Tesla is $ 0, will become much richer in the coming years if the company continues to achieve the very ambitious goals it has set, which it has so far been quite successful at.