Elon Musk's Wealth Skyrockets, Again

Tuesday, 02 November 2021 – 16:51 GMT+7
Elon Musk / Credit: AFP

jpnn.com, AMERIKA - Elon Musk's wealth has broken a new record. Tesla Inc's latest rally sending Musk's treasures soaring and crossing a new milestone.

On Monday (1/11), Musk's fortune tripled that of investor Warren Buffett.

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Musk's net worth rose US$24 billion to US$335.1 billion on Monday (1/11).

The Bloomberg Billionaires Index reports Musk's wealth as Tesla shares jumped 8.5 percent in New York.

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That widens his wealth gap over Jeff Bezos of Amazon as the richest person in the world to US$143 billion.

Compared to Musk, the chairman of Berkshire Hathaway Inc. Warren Buffett ranks 10th with a net worth of US$104.1 billion.

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Not only Musk, a number of names of Tesla shareholders were also splashed by the wealth.

One of them is retail trader based in Singapore, Leo KoGuan.

Last week, KoGuan emerged as the third-largest individual shareholder in the company.

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KoGuan's fortune skyrocketed with a net worth of US$12.1 billion.

Then, Larry Ellison, who spent 44 years building software maker Oracle Corp., also has a splash of Tesla's stock price.

Ellison has only been a major investor in Tesla since 2018, but his stake is now worth US$18.1 billion, nearly a quarter of the value of his Oracle holdings. (mcr20/jpnn)

This news has been broadcast on JPNN.com with the title: Harta Elon Musk Makin Memelesat, Pecah Rekor Baru Jadi Sebegini