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Bloomberg: Elon Musk Is Now Richer Than Warren Buffett
Currently, Elon Musk is the 7th richest billionaire in the world, behind two other technology tycoons, Larry Ellison and Sergey Brin.
According to the Bloomberg Billionaires Index, Tesla CEO Elon Musk’s net worth increased by $ 6.1 billion on July 10, after the electric carmaker’s stock continued to break up with 11%. Currently, Elon Musk is the 7th richest billionaire in the world, behind two other technology tycoons, Larry Ellison and Sergey Brin.
The 49-year-old billionaire currently holds about one-fifth of Tesla’s outstanding shares, making up the majority of his $ 70.5 billion fortune. Besides, he also owns a majority stake in SpaceX for about $ 15 billion.
This year, shares of electric car manufacturers rose 269%. Tesla’s explosive growth momentum helped Elon Musk earn $ 595 million this year, making him the highest-paid CEO in the United States.
Currently, Elon Musk is the latest technology entrepreneur to surpass Warren Buffett’s position on the billionaire rankings. Steve Ballmer, former Microsoft CEO, and Google co-founders Larry Page and Brin have also surpassed the “Sage of Omaha.” This week, the wealth of the richest billionaire in Asia, Mukesh Ambani, surpassed Warren…
