Elon Musk Overtakes Zukerberg to Become the Third Richest Man in the World

Elon musk

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).

Read also: At this rate Jeff Bezos could become the World’s first Trillionaire

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