Live Chat
  • One stop service: solve all your problems
  • Orders Tracking and shipped out notification
  • More campaigns, even more discounts!
  • Need help before making an order?
  • Chat with us in real-time.
  • For Aftersale issues, just submit a ticket. We will reply within 24 hours.
  • Multi-language service
  • 24/7 support available
Hi! Log Out Log In SIGN UP
Home > Tech News > Number one among the richest people in the world? Musk's net worth soared by $13.5 billion
Number one among the richest people in the world? Musk's net worth soared by $13.5 billion

Number one among the richest people in the world? Musk's net worth soared by $13.5 billion

By  Ame Boering 2020-02-05 715 13

Recently, a piece of news has attracted everyone's attention. The assets of Elon Musk, CEO of Tesla, soared by 13.5 billion US dollars, ranking first among billionaires. Just five weeks after 2020, what made Musk's assets grow by $13.5 billion in a short period of time?

Elon Musk

Data show that between January and February 2020, Tesla's share price rose frantically by 86%, increasing Musk's wealth by $13.5 billion. Earlier, according to data released by the Bloomberg Billionaires Index, Musk was still ranked 35th on the global rich list at the end of 2019. Thanks to the rise in Tesla's share price, his wealth has now reached 41 billion US dollars. The ranking of the global rich list has risen to 22nd, surpassing even the founders of Dell and Nike.

Tesla Model 3

Earlier, it was reported that the increase in Musk's assets was mainly due to the smooth delivery of the first batch of Model 3 produced by Tesla in Shanghai, China, and the launch of the Model Y project, which made Tesla's share price soar as investors were very bullish on the China market. However, some people familiar with the matter pointed out that although Musk is worth a lot of money, but most of it is made up of company shares, he is still a cash-strapped billionaire.  

 You may also want to read:
 Xiaomi Mi Watch Color VS HUAWEI Watch GT2 VS Amazfit GTR: Which is More Worth Buying?
 Xiaomi Mi Watch Color In-depth Review: Fashion Products Without Electricity Anxiety
 How to Turn your Xiaomi Mi Band 4 as a remote shutter for Android camera?
 How to hide the display notch of Redmi Note 8 and Redmi Note 8 Pro?

Gearbest Daily deals up to 69 percent off

Extensive Product Selection

● Over 300,000 products

● 20 different categories

● 15 local warehosues

● Multiple top brands

Convenient Payment

● Global payment options: Visa, MasterCard, American Express

● PayPal, Western Union and bank transfer are accepted

● Boleto Bancario via Ebanx (for Brazil)

Prompt Shipping

● Unregistered air mail

● Registered air mail

● Priority line

● Expedited shipping

Dedicated After-sales Service

● 45 day money back guarantee

● 365 day free repair warranty

● 7 day Dead on Arrival guarantee (DOA)

Prev article:Siemens donated 15 million yuan of medical equipment to firmly support China's fight against the epidemic

Next article:MediaTek released Helio G80 chip: mid-range positioning performance close to Snapdragon 710

You might also like: