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CEOWORLD magazine - Latest - Lifestyle and Travel - Elon Musk’s net worth is growing faster than you think, The Tesla chief added $13.5 billion to his fortune

Lifestyle and Travel

Elon Musk’s net worth is growing faster than you think, The Tesla chief added $13.5 billion to his fortune

The Tesla chief‘s net worth is growing faster than you think. Elon Musk has added $13.5 billion to his net worth year-till-date, that’s according to the Bloomberg Billionaires Index.

The Tesla chief added $4.7 billion to his fortune on Monday, when Tesla’s share price surged nearly 20 percent.

Musk wealth has ballooned by a total of US$13.5 billion, or 48.9%, since the start of the year — an increase larger than anyone else on the list of the world’s richest people. With a net worth of $41 billion, Elon Musk is now the 22nd richest person in the world.

Elon Musk ranks just above Jeff Bezos’s ex-wife MacKenzie and Francois Pinault, who have fortunes of $39.9 billion and $39.8 billion, respectively. Jeff Bezos is the world’s richest person, with a net worth three times higher than Elon Musk, followed by Bill Gates at $116 billion.

Bernard Arnault, the CEO LVMH Louis Vuitton SE, has lost $7.85 billion of his wealth year-till-date, the most of any billionaire on the list.

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CEOWORLD magazine - Latest - Lifestyle and Travel - Elon Musk’s net worth is growing faster than you think, The Tesla chief added $13.5 billion to his fortune
Ryan Miller
Ryan Miller is a Senior Economist and Alternate Executive Editor at CEOWORLD magazine. He specializes in global finance, labor laws, international banking, public financial management, fiscal policy, and applied microeconomics. In his current role, he oversees the production of special reports, profiles, and lists for the magazine. Prior to this, he was an Advisor to the Editor-in-Chief for one year. Before that, he served as the lead economist for Central America (Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and Panama), Europe, and Central Asia in the magazine's news division. Ryan has extensive experience in economic forecasting, surveillance, and providing economic policy advice.


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