• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
TechEngage

TechEngage

Technology news and opinions

  • Tech News
  • Reviews
  • How-to
  • Science
    • Energy
    • Environment
    • Health
    • Space
  • Apps
  • More
    • Opinion
    • Noteworthy
    • Roundups
    • Culture
    • Blockchain
      • Cryptocurrency
    • Events
    • Deals
    • Startups
      • Startup Submissions
  • Videos
  • Login
World of Tech

Elon Musk is now the world’s second-richest person leaving behind Bill Gates

Avatar for Sheharyar Ahmad Saeed Sheharyar Ahmad Saeed November 24, 2020

Elon Musk smoking weed on Joe Rogan show
Image: The Joe Rogan Experience / YouTube

Tesla co-founder Elon Musk has become the world’s second-richest person in line next to Jeff Bezos and followed by Bill Gates. 

According to the Bloomberg Billionaires Index, Elon Musk has accumulated $128 billion worth, causing him to overtake the second position from Microsoft’s co-founder.

The Bloomberg Billionaires Index features the daily ranking of the world’s wealthiest people. The figures have been updated at the close of every trading day in New York.

In January 2020, Elon Musk had 28th place on the list. This time Tesla has become the reason to pull its co-founder from downstairs to a second spot. There comes a $7.2 billion surge in Tesla’s share price resulting in the addition of $100 billion to Musk’s net worth this year. This replacement in the list put Bill Gates in third place; it is only the second occasion when Bill Gates lodge in the slot lower than two. In 2017, Jeff Bezos from Amazon overtook the leading seat and retaining it since then.

Tesla’s market value is approaching $500 billion. In 2019, Tesla launched the Cybertruck to combat climate pollution and achieve more efficiency in auto-driving vehicles. In his blog post written in August 2020, Bill Gates shared his reservations on clean electricity projects. According to him, the vehicles running on clean electricity “will probably never be a practical solution.” Tesla’s CEO made no delay in responding when asked and took Twitter for his rebuttal.

He has no clue

— Elon Musk (@elonmusk) September 12, 2020

Elon Musk also has recently raised questions on the authenticity of COVID-19 testing kits. SpaceX founder got tested four times and resulted in both positive and negative. He referred to it as “Something bogus is going on.” Musk, due to his political and apolitical tweets, also had faced lawsuits against him.

Related Tags: Bill Gates Billionaires Elon Musk Tesla

Related Stories

  • Neutrogena will 3D print personalized face masks

    Neutrogena will 3D print personalized face masks

  • ‘Sodar’ is Google’s new AR experiment for social distancing

    ‘Sodar’ is Google’s new AR experiment for social distancing

  • Amazon is launching Alexa powered gadgets soon

    Amazon is launching Alexa powered gadgets soon

Avatar for Sheharyar Ahmad Saeed

Sheharyar Ahmad Saeed

Writer

Sheharyar currently resides at the bustling intersection of technology and everyday life. He believes that having Art in the right hand and learning Science through left, this blend will lead you toward the actual decency of the universe.

Reader Interactions

Join The Discussion: Cancel reply

Please read our comment policy before submitting your comment. Your email address will not be used or publish anywhere. You will only receive comment notifications if you opt to subscribe below.

Primary Sidebar

Become a contributor

We are accepting contributor applications. All applications will be decided in 3 days after applying. To learn more click here.
TechEngage-Apple-News
TechEngage-Google-News

Recent Stories

  • Best office desks on Amazon for comfort in 2021
  • Top-rated best dishwashers on Amazon for 2021
  • Samsung S21 series is here and we’ve got everything you need to know
  • Best laptop cooling pads for 2021 on Amazon
  • Best standing desks on Amazon for 2021
Best Linux Distros of the year

Best Linux Distros for 2021

best laptops for writers

5 Recommended Laptops For Writers and Journalists

Webcam into a security camera

Tricks to Convert Your Webcam into a Security Camera

An iPhone 6s mockup with live wallpaper

How to use any video or GIF as iPhone live wallpaper

Footer

About Us

  • Advertise
  • Send us a tip
  • Startup Submission Questionnaire
  • Community Guidelines
  • Corrections Policy & Practice
  • Contact us

Discover

  • About
  • Newsroom
  • Advertise
  • Brand Kit
  • Partners
  • Staff
  • Our Ethics
  • Publication Principles
  • Contact us

Legal Pages

  • Reviews Guarantee
  • Community Guidelines
  • Cookies Policy
  • Comments Policy
  • Our Ethics
  • Disclaimer
  • GDPR Compliance
  • Privacy Policy
  • Terms and Conditions

Download our apps

TechEngage-app-google-play-store

Copyright © 2021 · All Rights Reserved · TechEngage® is a Project of TechAbout LLC.
TechEngage® is a registered trademark in United Kingdom under Trademark Number UK00003417167 and is ISSN protected under the ISSN 2690-3776 and OCLC Number 1139335774.