The wealth of Tesla CEO and the richest man in the world is still increasing, reaching $ 300 billion, and this figure has not been achieved by anyone before, after reaching $ 292 billion. As a result of gains of $ 5.02 billion yesterday only, according to the Bloomberg Index For billionaires.


According to Arab Net, Musk added to his fortune about $ 122 billion this year, and the largest gains, which exceeded $ 36 billion in just one day, were after the shares of the car manufacturer Tesla rose by 12.7% after announcing the request of Hertz Company for 100,000 cars to build its fleet. Electric vehicle rental by the end of 2022.

His one-day wealth growth was the largest in the history of the Bloomberg Billionaires Index and equals the net increase in the wealth of the world's 34 richest people.

Musk widened the difference between him and his closest competitor, Amazon founder Jeff Bezos, with a value of $96 billion, to become Bezos in second place with a fortune of $ 196 billion, ousting him from The position of the richest man in the world after Bezos occupied the position for several years, according to the Bloomberg Billionaires Index

Musk's fortune rose, thanks to the strong performance of Tesla stock and the recent sale of shares in SpaceX, which he founded, valuing the company at $100 billion. The latest funding round for SpaceX is about 11 billion dollars to Musk's fortune.

On Monday, Tesla joined the club of companies worth over $1 trillion for the first time, along with tech giants Amazon, Apple and Microsoft.

According to Al Arabiya.net's calculations, for Jeff Bezos, who is ranked second among the world's wealthy, to catch up with his competitor, Musk, the market value of Amazon needs to rise by about trillion dollars, with Bezos owning only 10% as the company's largest individual shareholder.