Elon Musk has added more than $100 billion to his total assets this year, and has passed Bill Gates as the world's second-most rich individual.
That is as per Bloomberg billioners record, which on Monday positioned the Tesla Inc. CEO — with a $127.9 billion fortune — above Gates — at $127.7 billion — unexpectedly.
Musk has benefitted from the gigantic flood in Tesla stock, which has soar over 520% year to date. Tesla rose over 6% to a record close of $521.85 in Monday exchanging, finishing the day with a market cap of around $464 billion. That likened to a $7.2 billion single-day increase in Musk's total assets.
Musk started the year in 35th spot on the file.
Bill Gates, the co-founder of Microsoft Corp. , would likely spot higher in the event that he had not parted with more than $27 billion of his fortune to the Gates Foundation since 2006.
Amazon.com Inc. Chief Executive Jeff Bezos is the world's wealthiest individual, with a fortune of $182 billion, as indicated by Bloomberg, up more than $67 billion this year.