Tesla recorded a tremendous growth by more than 700% a year

According to the Bloomberg Billionaires Index, Tesla’s late rise in Friday’s stock price prompted Elon Musk’s net assets to increase by nearly 9 billion US dollars to reach 167.3 billion US dollars. . This also indicates that Musk has increased his wealth by $139.7 billion in 12 months of this year.

As per the latest estimates of the Bloomberg Billionaires Index, Musk is worth more than Bernard Arnault, chairman of LVMH, and ranks second on the global rich list. In other words, Musk’s current net worth is second only to Amazon founder Bezos (net worth of 187.3 billion US dollars).

It is worth mentioning that Tesla’s market value today rose by 5.96%, to 658.791 billion U.S. dollars. This year’s cumulative increase is about 731%. It will be officially included in the S&P 500 index next Monday.

• On January 22, Tesla’s market value exceeded 100 billion U.S. dollars, becoming the first U.S. auto listed company with a market value of over 100 billion U.S. dollars;
• On July 1, Tesla’s market value exceeded US$200 billion, making it the top automaker with the highest market value in the world;
• On July 13, Tesla’s market value exceeded US$300 billion. In the same period, Musk’s wealth exceeded US$74 billion, making him the fifth richest person in the world;
• On August 26, Tesla’s market value exceeded 400 billion, which exceeded the combined market value of traditional car giant Toyota Volkswagen Daimler;
• On November 25, Tesla’s market value reached 500 billion, and Musk’s wealth jumped to second place in the world, surpassing Ma Yun and Ma Huateng;
• On December 8th, Tesla’s market value exceeded 600 billion, which has surpassed the total of the world’s nine major car companies, Volkswagen, Toyota, Nissan, Hyundai, GM, Ford, Honda, Fiat Chrysler, and Peugeot. Musk’s wealth has exceeded 1,000 billion yuan.

(Source