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Tesla’s Elon Musk is world’s second richest, overtakes Bill Gates

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GUWAHATI: Top Business magnate and Tesla’s CEO Elon Musk has overtaken Microsoft’s Bill Gates to become world’s second richest individual after Jeff Bezos (Amazon) whose recorded net worth in November 2020 is USD183.6 billion. American philanthropist Bill Gate’s net worth stands at USD127.7 billion after giving away USD27 billion for his philanthropy works through Bill & Melinda Gates Foundation.

Musk was ranked as 35th most-richest in January on the Bloomberg Billionaires Index. With a surge in Tesla Inc.’s share price Musk added USD100.3 billion to his net worth this year.

Born in 1971, 41-year-old Musk is the brain behind SpaceX (space exploration) and he was ranked 25th on the Forbes list of The World’s Most Powerful People. With ventures like Tesla, SpaceX, The Boring Company, Neuralink and OpenAI, Elon Musk was considered the Most Innovative Leaders of 2019 by Forbes. The market value of Tesla is almost USD500 billion.

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