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Elon Musk now worth $230 billion, as much as Bill Gates and Warren Buffett combined

4 years ago
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Elon Musk now worth $230 billion, as much as Bill Gates and Warren Buffett combined

Tesla and SpaceX CEO, Elon Musk is not only currently the richest person in the world, but is now worth as much as fellow billionaires Bill Gates and Warren Buffett combined, Bloomberg reports.

The 50-year-old’s net worth is $230 billion as of Friday morning, according to the Bloomberg Billionaires Index. Gates sits in fourth place with $130 billion and Buffett is now number 10 with $102 billion.

Both Gates and Buffett previously held the mantle of world’s richest person. Musk first passed Amazon CEO Jeff Bezos to become the world’s richest man in January with a net worth of $185 billion. Bezos had held the title since 2017.

Musk has added more than $60 billion to his fortune this year thanks to the strong performance of Tesla stock as well as a recent share sale at SpaceX which valued the company at $100 billion. The SpaceX deal added $11 billion to Musk’s net worth, according to Bloomberg.

Last week alone, Musk made almost US$13 billion as Tesla stocks reach an eight-month high.

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Bill Gates and Warren Buffett have a combined net worth of $232 billion, according to the Bloomberg Billionaires Index.

Bill Gates and Warren Buffett have a combined net worth of $232 billion, according to the Bloomberg Billionaires Index.Bezos, who was recently the recipient of Musk’s trolling when the Tesla executive tweeted a silver medal emoji at him, is still the second-wealthiest person on earth with a $191 billion net worth.

Stingy Musk?

Reports say if Gates and Buffett had not been as philanthropic as they are, they both would have been significantly closer to Musk in the wealth rankings.

Both have given away tens of billions of dollars to charity over the years, while Musk has been criticized for not giving away more of his massive fortune.

But Musk has previously said he prefers to remain anonymous when giving away money, and earlier this year he asked Twitter users for “critical feedback” on ways he can donate.

This year, Musk also pledged to give away $150 million — including a $100 million prize in a carbon removal contest — a figure that Recode estimates is larger than all his previous charitable giving.

Source: cnbc
Via: norvanreports
Tags: Bill Gates and Warren BuffettElon MuskTesla and SpaceX CEO
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