Musk overtook Gates in the billionaire rankings and replaced him in second place



Owner and CEO of technology company Tesla and SpaceX Elon Musk. (November 12, 2019)
| photo: Reuters

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Jeff Bezos, director of Amazon online stores, is still at the top of the list. Thanks to the rise in Tesla’s stock price, Muska’s assets have grown 6.5 percent in one day, that is, by $ 7.2 billion, to $ 127.9 billion (CZK 2.8 trillion). It is up a whopping $ 100.3 billion since the start of the year.

According to Bloomberg, Gates’ assets are currently $ 127.7 billion. He would have been much greater if a well-known philanthropist hadn’t spent so much money on charity. According to the Bloomberg index, Bezos has an estimated $ 182 billion available.

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As major shareholders of their companies, Musk and Bezos mainly benefit from the development of their trading on the exchange. Tesla shares are up 675 percent in the past 12 months. Despite the relatively low number of cars produced and only modest profits, the company is by far the most expensive traded car manufacturer in the world.

Bloomberg’s billionaire index and Forbes’ richest lists work with estimates, according to the DPA. They are based on publicly available information such as stock prices, real estate, works of art and the like. In Forbes’ billion dollar rankings, Musk is in fourth place with $ 110.5 billion in assets.


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