Elon Musk: The second richest man in 2020

Elon Musk (Photo Courtesy: New York Post)

You’re probably familiar with the name Elon Musk by now since a few days back, he was quite popular on social media platforms. Netizens flooded the internet with memes due to him naming his son X Æ A-12. Now, again we can see the billionaire entrepreneur’s name popping up everywhere, and this time, there’s a humongous reason.

Elon Musk is now the world’s 2nd richest man topping Bill Gates. The 49-years old Tesla Inc. co-founder had a staggering growth in his net worth that skyrocketed from $7.2 billion to $127.9 billion this year. The Tesla Inc. market value is almost near $500 billion and thanks to his 75% share of Tesla Inc, his rank from 35th richest man in the world jumped to rank 2 within a year. Adding approximately $100.3 billion to his net worth, Elon Musk has bumped Bill Gates which has happened only the second time in 8-years history of Bloomberg’s Index.

The billionaire had only one reaction towards the tweet regarding the surge in Tesla Net Worth, commenting just “Wow”. But the fans had a lot to say regarding the matter. Both Elon Musk and Bill Gates are known to have verbal sparring among themselves. The Space-X CEO once expressed disappointment over his conversation with Bill Gates and he was slammed by Mr. Gates for being suspicious of the pandemic and supporting various conspiracy theories. The fans couldn’t let go of the opportunity and flooded the social media platforms with memes while taking the majority of the shots at Bill Gates and sometimes, at the Amazon.com Inc. founder, Jeff Bezos. Jeff Bezos is the only other person to top Bill Gates before Elon Musk and he is currently the titleholder for the Richest Man in the world.

Apart from being the CEO and Product Architect of Tesla Inc, Elon Musk is also the Founder and CEO of the aerospace manufacturing company SpaceX. He is also the founder of The Boring Company that is dedicated to building tunnels and X.com which is now known as the worldwide online payment system, PayPal.


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