Elon Musk Overtakes Zukerberg to Become the Third Richest Man in the World. According to reports, Musk gained another $12 billion (N4,628,176,800,000.00) in wealth overnight.
This is due to the announcement of Tesla’s addition to the S&P 500 (a stock market index that measures the stock performance of 500 large companies). Musk’s network is sitting on $114 (N43,967,679,600,000.00) billion while Zuckerberg’s is $101.7 billion (N41,422,182,360,000.00).
Musk is also currently the highest-paid executive on the planet and according to reports, he doesn’t take a salary from Tesla.
According to Business Insider, Musk hasn’t sold any of his stakes since 2016. While The Guardian reported that 49-year-old Musk is set to be the third richest person in the world.
Source: The guardian