The world’s richest person got significantly more extravagant Monday with Tesla Inc TSLA +8.49% (Get Free Alerts for TSLA) closing at $1,208.74 a share, up 9% on the day.
Most of Musk’s wealth is credited to his stake in Tesla of around 227 million shares and stake in the space organization SpaceX, which Musk established.
Musk is currently worth $335.1 billion, expanding his wealth by $165 billion year-to-date. His wealth is high to the point that it presently tops combinations of two individuals in the top 10.
Second-place ranked Jeff Bezos, the founder of Amazon.com Inc AMZN – 1.61%, is worth $192.1 billion as of Monday. Facebook Inc (NASDAQ:FB) CEO and co-founder Mark Zuckerberg ranks seventh on the list, with a valuation of $121 billion as of Sunday.
As of Sunday, Musk would have to hit a wealth of $362 billion to be worth more than the second-and third-place billionaires combined, a figure that was once inconceivable and presently could be in reach.
What’s much more incredible is the $165 billion in wealth acquired by Musk in 2021 would rank fourth on the billionaires’ list, following just Musk, Bezos and Bernard Arnault.