Alan Musk, co-founder of electric car maker Tesla, has become the world’s fourth richest man. Alan Musk is ranked fourth in the list of the world’s top 10.
Alan Musk’s fortune has also risen after shares of Tesla rose 11 percent.
Alan Musk’s net worth also rose to 7.8 billion as car company Tesla’s share price rose. According to the Bloomberg Billionaire Index, Alan Musk’s net worth now stands at. 84.8 billion.
Alan Musk’s fortune has risen to just behind the number three richest Facebook founder, Mark Zuckerberg.
Shares of electric car maker Tesla rose 339 percent in 2020 alone. Alan Musk’s fortune has increased by. 57.2 billion this year alone.
Alan Musk is the newest billionaire in the tech world, who has consistently risen to the top of the list of the richest people in the world.
Alan Moscow Space Exploration Technology Corp. and SpaceX Company are expected to play a key role in determining his future. The company is expected to receive 2 billion in funding. After that, the company’s equity valuation will reach 46 billion.
Indian industrialist Mukesh Ambani, who recently topped the list at number four with Alan Musk rising to number four, has fallen to number six. Mukesh Ambani’s fortune has fallen slightly due to the fall in his share price of Reliance Industries.