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Tesla shares have been on a tear this year, getting roughly 349% and notching a number of highs. The company has actually ended up being the most important automaker in the world, fueled by strong car sales throughout the coronavirus pandemic, a streak of rewarding earnings, and its eligibility for addition in the popular S&P 500 index.
In general, Musks net worth has actually grown by $57.2 billion this year, the second-largest gain behind Jeff Bezos $73 billion increase. The Amazon CEO, worth $188 billion, is the wealthiest individual on the planet.
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Tesla CEO Elon Musks individual wealth increased by nearly $8 billion on Monday as the stock surged 11% to an all-time high.
Musk is now the fourth-richest person worldwide, according to the Bloomberg Billionaires Index.
In general, Musks net worth has actually grown by $57.2 billion this year, the second-largest gain behind Jeff Bezos $73 billion boost.
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Elon Musks individual wealth is skyrocketing in addition to Teslas stock.
The CEOs net worth increased by nearly $8 billion on Monday as Teslas stock price leapt 11% and closed at an all-time high. Musks net worth is now $84.8 billion, making him the worlds fourth-richest individual, according to the Bloomberg Billionaires Index.
Musk overtook Bernard Arnault, the French billionaire and CEO of the high-end brand name LVMH, to protect the position on the list. He now sits behind Facebook CEO Mark Zuckerberg, who has a net worth of $99 billion.