The New York Post: Tesla boss Elon Musk now richer than Warren Buffett

This post was originally published on this site

Elon Musk is seeing green.

The CEO of Tesla TSLA, +10.78% zoomed past Warren Buffett on the Bloomberg Billionaire Index after the electric automaker’s stock rose 11% on Friday.

Musk, 49, controls about 20% of Tesla’s stock, and his now $70.5 billion fortune makes him the seventh richest person on Earth.

Despite the coronavirus pandemic, 2020 has been a boom year for Tesla with share prices rising 269%. Musk earned about $6.07 billion on Friday alone.

Buffett, 89, saw his fortune decline after donating $2.7 billion of his Berkshire Hathaway stock to charity.

The Oracle of Omaha has given away $37 billion in shares since 2006. He has promised to give at least half his fortune to charity during his lifetime or upon his death.

This article was first published on

Add Comment