On July 21st, according tomedia reports, Tesla’s stock price has soared, pushing its CEO Elon Musk to the top of the rich list after overtaking Warren Buffett last week, surpassing former Microsoft CEO Steve Ballmer as the world’s fifth-richest man. Musk is currently $74.2 billion, up $5.1 billion from Friday and the fifth richest person on the Forbes list, according to Forbes.
Originaltitle: Musk’s $74.2 billion super-Microsoft CEO Bill Palmer becomes the world’s fifth richest person Source: TechWeb.com.cn
The four people currently on Musk’s list are Amazon founder Bezos, luxury goods giant LVMH boss Bernard Arnault, Microsoft co-founder Bill Gates and Facebook founder Mark Zuckerberg, who are worth $189 billion, $113.8 billion, $113.4 billion and $90.3 billion, respectively.
Mr. Musk’s predecessor, Mr. Ballmer, is now $72.2 billion, $2 billion less than Mr. Musk’s.
Musk’s fortune surpassed Mr. Ballmer’s on Monday, according to Forbes’ real-time rich list. Musk’s value increased by $5.1 billion on Monday and Mr. Ballmer by $2.4 billion, which means that by Monday, Mr. Musk’s value was $69.1 billion and Mr. Ballmer’s $69.8 billion.
Musk’s fortune increased by more than $5 billion on Monday, helped by a surge in Tesla’s share price. At Monday’s close, Tesla’s shares were trading at $1,643, up $142.16 from $1,500.84 at the close of trading.
According to documents filed by Tesla at the end of April, Musk owns 3,865.867 million shares of the company’s shares, or 20.8 percent of the company’s outstanding shares.