Recently, Elon Musk surpassed Facebook founder Mark Zuckerberg to become the third richest person in the world. This Monday, Elon leapfrogged another billionaire of the world according to the Bloomberg Billionaire Index 2020.
Read further to know Elon Musk beats which richest person and who else made to the top ten of Bloomberg’s Billionaire List.
Tesla CEO Surpasses This Billionaire To Level Up His Ranking In World’s Richest Person List
Elon Musk, The Tesla Chief, has leapfrogged the Microsoft founder Bill Gates on Monday after adding $100.3 billion to his net worth. This sudden rise is due to the surge in Tesla shares that lead to a huge leap from $7.2 billion to $127.9 billion.
Now, Elon Musk is the second-richest person after Amazon’s CEO Jeff Bezos. Who knows if in the future Elon Musk beats Jeff Bezos as well to become the world’s richest person.
According to the Bloomberg Billionaires Index 2020, Elon’s three-quarter of net worth comes from the Tesla shares whose market value is $500 billion. The rest of his net worth comprises of the Space X shares.
This is the second time when Elon has been listed in Bloomberg’s Index.
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Ranking 35th To World’s Second Richest Person
At the beginning of this year, Elon Musk gained the 35th position in the list of billionaires. The addition of the S&P 500 Index leads to a surge in his company’s shares making his overall wealth to $114 billion.
This took him to third position beating the Facebook CEO Mark Zuckerberg whose net worth is $98.6 billion as per Forbes. Now, he leapfrogged Bill Gates whose current net worth is $127.7 billion as per Fortune.
Bill Gates was the top richest person till 2017 when Jeff Bezos overtook the position making him slipped to the second position. He would not have slipped to the third position if he had not been in philanthropy over the years.
He donates for the charitable cause and also has a Bill & Melinda Gates Foundation that works for improving the lives of individuals across the world. Since 2006, Bill Gates has been donating to this foundation and till now more than $27 billion from his wealth has been donated.
Had he not involved in the charitable cause, he would have been the richest person.
Other Billionaires In The Bloomberg Billionaires Index
Not just Jeff Bezos, Elon Musk, and Bill Gates are the popular names in the Bloomberg Billionaires Index, Mukesh Ambani, Larry Page, and many more names are also on the list.
Check It Out Here:
- The French Billionaire, Bernard Arnault is in the fourth position with a total network of $105 billion
- CEO of Berkshire Hathaway, Warren Buffett with a net worth of $86.8 billion secures the 6th position
- Larry Page with a net worth of $81.3 billion is in the 7th position
- On 8th position is Sergey Brin whose net worth is $78.7billion
- Mukesh Ambani is at the 10th position and his net worth as per Bloomberg Index is $74 billion
The overall gain in the wealth of members of the Bloomberg is approx $1.3 trillion.