Elon Musk, Whose Fortune Has Soared Since Election, Gets $34 Billion Richer In One Week

During one of the worst weeks in American history, Elon Musk had one of his best. His fortune jumped by $34.1 billion. It was enough for him to become the richest person on the planet for the first time ever. Worth $189.7 billion as of Friday's market close, he is $4 billion wealthier than Amazon CEO Jeff Bezos, who had held the title of world's richest for nearly a year.

Tesla stock soared nearly 25% this week, far outpacing the S&P 500 and Dow Jones Industrial Average, which were up 1.8% and 1.6% for the week, respectively. Tesla’s stock was in part helped by the news that Democrats will gain control of the U.S. Senate after runoff elections in Georgia on Tuesday. With Biden expected to have a Congress friendlier to his climate change agenda, investors had already hopped on the green-tech bandwagon, pushing Musk’s fortune up to $96 billion after the November 2020 election. The Georgia vote sent it soaring still further.

          

ჩვენ გირჩევთ

10 positive takeaways from 2020 as the year draws to a close

Honda's Swindon factory temporarily suspends production

10 positive takeaways from 2020 as the year draws to a close

10 positive takeaways from 2020 as the year draws to a close

წინა სტატია

უნიკალური პროექტი გუდაურის სამთო-სათხილამურო კურორტზე - “მაუნთინ რეზორტს სოლუშანსის“ წარმატების ისტორია
08 January, 2021

შემდეგი სტატია

2020 წელს საქართველოში 1.7 მილიონი ვიზიტორი შემოვიდა
11 January, 2021
უნიკალური პროექტი გუდაურის სამთო-სათხილამურო კურორტზე - “მაუნთინ რეზორტს სოლუშანსის“ წარმატების ისტორია
ინტერვიუ | Jan, 08, 2021
2021 წლის ყველაზე ძლიერი პასპორტები მსოფლიოში - რომელ ადგილზეა საქართველო?
ახალი ამბები ქართულად | Jan, 14, 2021
Life Without Limits
Forbes Georgia in English | Jan, 14, 2021
Forbes Georgia in EnglishForbes WomanForbes Banker