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Tesla set to join S&P 50 as Elon Musk's net worth rises by $9 billion

Shortpedia

Content Team
Image Credit: Shortpedia

World's second-richest person and Tesla Incorporation's CEO Elon Musk's net worth rose by almost $9 billion to $167.3 billion. The addition in Musk's fortunes was due to a surge in Tesla’s share price. Tesla is now all set to join the S&P 500 Index. The entrepreneur has added a whopping $139.7 billion to his fortunes every year. He is now just behind Jeff Bezos in terms of fortunes. Tesla shares surged by 731% this year.