logo

FX.co ★ Musk’s fortune surges by $32 billion

Musk’s fortune surges by $32 billion

Musk’s fortune surges by $32 billion

Tesla CEO Elon Musk started 2022 with a bang. His fortune jumped by $32 billion. This sum is significant even for the richest person in the world.

Musk’s net worth reached $304.2 billion after it surged by $32.6 billion just in a day due to a dramatic increase in Tesla’s shares. In particular, markets were optimistic that the company delivered more than 936,000 vehicles in 2021. The number of deliveries surpassed analysts' forecasts. On Monday, the shares rose by 13.53%.

Currently, Musk is at the top of the world’s rich list. He is about $103.6 billion ahead of CEO of French fashion empire LVMH Bernard Arnault. Amazon CEO Jeff Bezos ranks third. In October 2021, Musk became the world’s richest person: his fortune soared to $270 billion. At the same time, Tesla's market valuation exceeded $1 trillion.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
Go to the articles list Open trading account