Highlights

  • The share of Tesla jumps to 70% in one month thus pushing Musk’s net worth to $167.3 billion.
  • Elon Musk has added $139.7 billion in this year, Amazon founder Jeff Bezos tops the wealth index with $187.3 billion.
  • Tesla`s share has reached 731% this year and closed at the record $695 on Friday.

Elon Musk’s personal fortune Tesla hit a new high on Friday and prepared to make a debut in the S&P 500 Index. Tesla’s jump in share price has taken Musk’s net worth to a $9 billion fortune added to $167.3 billion as per the report of Bloomberg Billionaires Index. This year, the 49-year-old entrepreneur added $139.7 billion thus making him second in the list of wealth index after Jeff Bezos whose net worth $187.3 billion.

The shares of Tesla raised 731% in 2020, closing with a record of $695 on Friday. Recently, there has been again the expectation that inclusion in the S&P 500 would stimulate a round of buying. The stock has raised 70% with the inclusion. Musk is well known in the entrepreneur range of electric-vehicle world market, and this for him was a fortunate one with spurring of newcomers. Around 15 vehicle companies have been announced for listings in 2020.

LEAVE A REPLY

Please enter your comment!
Please enter your name here