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Elon Musk Gains $8 Billion, 4th Richest Person In World

Video Credit: Wochit News
Published on August 18, 2020 - Duration: 00:33s

Elon Musk Gains $8 Billion, 4th Richest Person In World

REUTERS/Steve Nesius Tesla CEO Elon Musk's personal wealth gained nearly $8 billion Monday as the stock surged 11% to an all-time high.

Musk is now the fourth-richest person in the world, according to the Bloomberg Billionaires Index.

Overall, Musk's net worth has grown by $57.2 billion this year, the second-largest gain behind Jeff Bezos' $73 billion increase.

Read more: Bruce Fraser outperformed the S&P 500 by nearly 286% as a hedge-fund manager before switching to real-estate investing.

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