Elon Musk is $77.4 billion richer than Jeff Bezos

Elon Musk is $77.4 billion richer than Jeff Bezos
Elon Musk is $77.4 billion richer than Jeff Bezos
Tesla CEO and the world’s richest man Elon Musk added more than $36 billion to his fortune on Monday, after the automaker’s shares rose 12.7% after announcing that Hertz would order 100,000 vehicles to build its leased fleet of electric vehicles by the end of 2022. According to CNBC, Tesla’s stock will reach $1,000 per share.

Musk has expanded his lead over other previous richest person titles as well, and is now $77.4 billion more than the world’s second-richest person Jeff Bezos, according to Forbes’ list.

Elon Musk’s fortune reaches $274.4 billion, while Bezos’ fortune amounted to $197 billion.

On Monday, Tesla’s market cap crossed the $1 trillion market cap, joining the ranks of companies including Apple, Microsoft and Amazon.

Tesla’s market capitalization has also risen to many times that of Toyota.

Musk celebrated the achievement on Twitter, tweeting “Wild $T1mes!” To 61.4 million followers.

Tesla reported its longest winning streak in its 18-year history, with nine consecutive quarters of profit following last week’s earnings report, in which the automaker delivered 241.3 thousand vehicles in the period ending September 30.

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