Tesla CEO Elon Musk has made history. US businessman Elon Musk’s personal wealth jumped $25.6 billion (19.23 billion). Tesla’s shares rose 14.9% to $1,045.02, making it the world’s richest electric car maker by Alan Reuters calculations. Actually Hertz Global Holdings had ordered 100,000 cars to Tesla Company, after which their wealth saw a big jump in a single day. The order sent Tesla share prices skyrocketing and the company crossed the $1 trillion mark for the first time.
A tremendous jump was seen in the stocks on Monday evening
According to Forbes, his net worth reached $255.2 billion after the market closed on Monday, making him the richest person of all time. It is being claimed that there is no one richer than him on the whole earth at this time. Allen has also surpassed Google cofounder Larry Page (number 6 richest) and Facebook CEO Mark Zuckerberg (number 7 richest). The shares closed at around $910 on Friday, after which by noon on Monday, the stock was seen jumping to around $978. As of 4 p.m. when trading closed on Monday, Tesla’s market capitalization exceeded $1 trillion for the first time and shares hit $1,024.86 a piece.
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Allen has been sitting on the chair of the richest man since September
In September, Musk surpassed Jeff Bezos to become the world’s richest person, and since then there has been no looking back. Significantly, the pandemic has worsened American income inequalities, with the wealthiest section of society becoming wealthier than ever. Between January 2020 and April 2021, America’s billionaires collected about $1.2 trillion. Talking about Alan Mask, his wealth is also increasing quadruple day by day. Two years ago, Forbes estimated his net worth at $19.9 billion, which is less than a tenth of his net worth today.
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