Elon Musk throws Bill Gates out of his seat

Tesla's 49-year-old CEO and co-founder Elon Musk has become the world's second-richest person, surpassing Microsoft founder Bill Gates

Elon Musk, the CEO and co-founder of tech company Tesla, added $ 7.2 billion to his fortune in one day. Musk came in second on the list of the world's richest people, behind Microsoft founder Bill Gates.

Musk is 35th on the list at the start of the year, according to the Bloomberg Billionaires Index. he was involved during. As the world faces a major economic crisis due to the Coronavirus outbreak, Musk, 49, will add another $ 100 billion to the net worth of his fortune by 2020.

Tesla shares have gained 675 percent in the past 12 months. The market value of the company, whose shares are the most traded on the stock exchange, has approached $ 500 billion. Musk, whose fortune is made up of nearly three-quarters of Tesla shares, soared to second place behind Microsoft founder Bill Gates and behind Amazon founder Jeff Bezos on the world's richest list.