Elon Musk’s wealth increased 20 billion dollars since March … Find out why

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The net increase in the wealth of Elon Musk, technology giant and owner of several companies for space, tunnels and electric cars, reached $ 20 billion, perhaps because of Tesla Electric Company in particular, he owns just over 13% of the company’s shares, and he is the largest beneficiary of these Increase in value.

According to “Forbes”, his net worth has increased by $ 5.2 billion since last Friday, June 26th, to reach that.

To $ 46.3 billion at the end of trading on Thursday.

“These numbers go up and down, but what really matters is making great products that people love,” Musk said by email to Forbes about his net worth.

Tesla has become the most valuable car company in the world, as it exceeded the major cars to reach a market capitalization of more than $ 208 billion, and the shares of the electric car manufacturer continued to rise last Thursday after it announced that it exceeded delivery expectations, which raised the market value to 224.5 billion Dollars.

Elon Musk is 49 years old and is now one of the 16 richest people in the United States. Globally, Musk is one of the 22 richest people in the world, with nine centers and a net worth of $ 21.7 billion since Forbes finished the list of billionaires in the world in the middle March.

Mask first joined the ranks of the richest Americans in 2012, first appearing on the Forbes list of 400 wealthiest Americans in 190th position with a net worth of $ 2.4 billion.

His fortune is now 19 times that amount, having seen a staggering rise in just eight years, and Musk’s enthusiastic followers continue to raise the price of Teslas stock, despite the fact that he’s lagging behind other car makers in size.

Tesla produced 103,000 cars in the first quarter of 2020, and Elon Musk’s wealth rose 1,800% in eight years.

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