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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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Ryan Miller

Ryan Miller

Global Assignment Editor
Ryan Miller is the Global Assignment Editor at CEOWORLD magazine. He covers anything and everything related to CEOs, CFOs, CIOs, senior management executives, business leaders, and high net worth individuals worldwide, whether lists or lifestyle, business or rankings. During his five-year tenure at CEOWORLD magazine, he has employed his expertise in data science across several roles. Ryan was previously responsible for data modelling and analytics, as well as secondary research, on the CEOWORLD magazine Custom Research team. He can be reached on email ryan-miller@ceoworld.biz. You can follow him on Twitter at @ceoworld.