The businessman got rich thanks to the rise in the shares of his Tesla car company. Since the beginning of the year, Musk's fortune has increased by $ 73.6 billion.
The fortune of the American entrepreneur, founder of Tesla and SpaceX, Elon Musk, exceeded $ 100 billion for the first time. Since the beginning of the year, the businessman's fortune has increased by more than 3.7 times, writes Bloomberg.
Currently, the 49-year-old American's fortune is estimated at $ 101 billion. At the same time, at the beginning of the year, it was 27.4 billion.
That is, Musk's fortune grew by 73.6 billion thanks to the rapid growth in Tesla's share price.
Tesla shares were worth $430.26 in January. On August 26, the auto giant's securities rose in price and now cost $2,153.17 per share.
In the Bloomberg ranking, Amazon CEO Jeff Bezos ($202 billion) is in the lead, Microsoft founder Bill Gates is in second place ($124 billion), Facebook founder Mark Zuckerberg ($115 billion) closes the top three. Elon Musk is in fourth place.
As previously reported, Tesla's capitalization doubled in two months. Tesla is the most valuable car company in the world. Its value is growing at a record pace.