Elon Musk is now the third richest person in the world. The Tesla CEO's net worth increased to a staggering $115 billion (£85 billion) this week after the electric car company's stock increased by 12% on Monday.The 49-year-old has now overtaken Mark Zuckerberg to become number three on the list of the wealthiest humans alive, according to Bloomberg.
In July, Mr Musk became the seventh-richest person in the world, so this week's achievement is an astonishingly fast accumulation of wealth in just two months.
Tesla's stock has already soared by approximately 500% in 2020, and the company is now worth about $475 billion (£355 billion).Mr Musk owns more than 18% of its shares, more than three times the next-largest stockholder.As Tesla's stock.
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