Move over, Oracle. There’s a bigger billionaire on the block.Elon Musk, the eccentric and controversial CEO of Tesla Inc (NASDAQ: TSLA), SpaceX and The Boring Company, has officially passed the legendary Warren Buffett on Bloomberg’s Billionaire Index. Musk is now the seventh-richest person in the world.Tesla’s Huge RunTesla’s stock has been on an amazing tear in 2020, rising from $430 to $1,544 per share, good for a nearly 270% gain.”[Musk] owns about a fifth of Tesla’s outstanding stock, which comprises the bulk of his $70.5 billion fortune. His majority ownership of closely held SpaceX accounts for about $15 billion,” according …read more
Source:: Yahoo Finance
