Elon Musk overtakes Bill Gates as the world’s second richest man



Elon Musk has been at war with Bill Gates. Now he has overtaken him as the world’s second richest man

Elon Musk’s feud with Bill Gates took a twist today as the Tesla founder overtook the Microsoft tycoon as the second richest man in the world.

Musk and Gates have been sniping at each other for months, with the younger billionaire recently calling his rival a “knucklehead” for criticising his efforts to help fight coronavirus.

Today, after another surge in Tesla’s share price, Musk’s wealth outpaced Gates’s, taking the 49-year-old’s net worth up by $7.2 billion to $127.9 billion.

Gates’s wealth of $127.7 billion would have been higher had he not given $27 billion of his fortune to his charitable foundation since 2006.

Musk is now second only to Amazon chief Jeff Bezos in the wealth stakes.

Bezos has $182 billion – up $67 billion on the year on the Bloomberg Billionaires Index compared with Musk’s $100 billion gain so far.

Gates has criticised Musk for “maintaining a high level of outrageous comments” in which he appeared to downplay the severity of the virus.

The older tycoon is one of the leading bodies aiding the vaccine effort.

But Musk counters that Tesla has been working with CureVac, a vaccine company in which Gates is an investor.

Continue Reading ; https://www.standard.co.uk/business/elon-musk-has-been-at-war-with-bill-gates-now-he-has-overtaken-him-as-the-world-s-second-richest-man-b77686.html

Email: olafharek3@gmail.com

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