UK Politics

Teslas ascent continues to push Elon Musk up the billionaire boys list


Elon Musk continued his ascent up the billionaire boys list as Tesla Incs rising share price sees the rocketmans net worth leapfrog that of Louis Vuitton entrepreneur Bernard Arnault.

Musks net work consequently rises to around US$90bn, which according to the Bloomberg Billionaires Index, leaves him behind only Facebooks Mark Zuckerberg (worth c US$99bn), Microsofts Bill Gates (US$121bn) and Amazons Jeff Bezos (US$195bn) on the rich list.

In Wednesdays deals. Tesla shares rose by US$4.91 or 0.26% changing hands at US$1,892.

Musk holds around 21% of Tesla's stock and he has a series of extremely lucrative iRead More – Source