Elon Musk now richer than Mark Zuckerberg after gaining overnight wealth

Elon Musk now richer than Mark Zuckerberg after gaining overnight wealth

- South African born billionaire Elon Musk is now reportedly richer than Facebook's Mark Zuckerberg

- Musk gained around $12 billion (N4,628,176,800,000.00) in wealth overnight pushing his net worth up to $114 billion (N43,967,679,600,000.00)

- The 49-year-old is now set to be the third richest person in the world, just a few billion dollars away from Jeff Bezos

PAY ATTENTION: Win a prize of N115,000, N75,000 or N38,000: participate in Big Naija Independence contest by Legit.ng

South African-born billionaire Elon Musk is reportedly richer than Facebook co-founder and CEO Mark Zuckerberg. According to reports, Musk gained another $12 billion (N4,628,176,800,000.00) in wealth overnight.

This is due to the announcement of Tesla's addition to the S&P 500 (a stock market index that measures the stock performance of 500 large companies). Musk's network is sitting on $114 (N43,967,679,600,000.00) billion while Zuckerberg's is $101.7 billion (N41,422,182,360,000.00).

Musk is also currently the highest-paid executive on the planet and according to reports, he doesn't take a salary from Tesla.

These are the only 4 Nigerian billionaires in 2020 whose wealth can 'shake' Africa (see full list)
Elon Musk richer than Facebook's Mark Zuckerberg Export

Elon Musk is now richer than Facebook's Mark Zuckerberg. Credit: Getty Images
Source: UGC

According to Business Insider, Musk hasn't sold any of his stakes since 2016. While The Guardian reported that 49-year-old Musk is set to be the third richest person in the world.

PAY ATTENTION: Download our mobile app to enjoy the latest news update

Meanwhile, Legit.ng earlier reported that the Facebook founder's wealth passed a $100 billion (N37,900,000,000,000) mark for the first time on Thursday, August 6, after his company Facebook Inc hit a record profit after the release of Reels.

Facebook's founder joined the league of centibillionaires of Jeff Bezos and Bill Gates. It should be noted that his fortune largely comes from his 13% stake in Facebook.

This development adds to the fact that American tech titans have had their fortune take a huge surge this year as the coronavirus pandemic makes people conduct their activities online more than before.

One week after showing off her N710k iPhone 12, Nigerian star playing for Barcelona buys another one

Would you rather have money or be poor and have a good family? | Legit TV

Source: Legit

Online view pixel