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Elon Musk Overtakes Facebook's Zuckerberg In Bloomberg Billionaires Index!

By:  Tupaki Desk   |   17 Nov 2020 8:59 AM GMT
Elon Musk Overtakes Facebooks Zuckerberg In Bloomberg Billionaires Index!
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The company shares of American electric vehicle and clean energy company Tesla, Inc jumped to around 14 percent after the company witnessed a growth in sales of electric autos this year.

After the shares of the company increased, Tesla, Inc was announced to include in the S&P 500. Tesla, Inc is believed to have added more than $450 million in the form of profits.

The S&P 500 is an index which measures the performance of 500 large companies that are listed on the stock exchange in the United States

With Tesla's stock closing at $408.09, the fortune of CEO and product architect of the company Elon Musk has increased by more than $15 billion, the Bloomberg Billionaires Index said.

The Index also said Elon Musk has overtaken Facebook founder, billionaire Mark Zuckerberg to become the third-richest person globally with a fortune of $117.5 billion. His fortune increased from $90.8 billion.

It certainly should be an eventful few days for Musk since testing positive for Covid-19 and his rocket company launching four astronauts into space.

Well, Elon Musk seems to be on cloud nine with back to back good news with the achievements of his companies. A few days back, Elon Musk's SpaceX has launched four astronauts to the International Space Station

Back in September 2020, Elon Musk has surpassed the fortune of Facebook Inc. co-founder Mark Zuckerberg to emerge as the third richest person in the world. Months apart, Elon Musk once again overtook Zuckerberg.