Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
Nairametrics
No Result
View All Result
Home Wealth & Lifestyle Billionaire Watch

A day after making $4.72 billion, Elon Musk is once again world’s richest man

Olumide Adesina by Olumide Adesina
September 8, 2021
in Billionaire Watch, Spotlight
A ‘Musk-ed’ Affair: How clean energy decisions will drive investments of the future
Share on FacebookShare on TwitterShare on Linkedin

Elon Musk, worth $204 billion at the end of Tuesday, overtook Jeff Bezos, worth $202 billion, for the title of world’s richest man.

According to the Bloomberg Billionaire Index, the 50-year-old tech entrepreneur and lover of Crypto assets recorded daily gains of about $4.72 billion as investors piled into Tesla stocks at record levels.

A 0.3% decline in the S&P 500 was reported Tuesday. About 0.8% of the Dow Jones Industrial Average was lost. On the other hand, the world’s most valuable car company, Tesla gained 2.6%.

RelatedPosts

Billionaire investor, Jim Coulter says first phase of the market downturn is almost over

Asia’s richest billionaire, Gautam Adani pledges $8 billion to social causes to mark his 60th birthday

The stock is increasingly being bought by investors following reports that the company plans to grow its unit volumes by 50% for the foreseeable future. In addition to expanding product lines, the company will expand into new vehicle segments.

There has been speculation for a while about Tesla building a $25,000 car. In 2023, that would likely be the case.

Electricity storage facilities have been set up in places such as Australia, Belgium, and California by Tesla, which is building a global business in this field. A second battery facility with hundreds of megawatts of capacity is being built near Austin. A new battery facility is being built near Houston.

According to a filing filed with the SEC in August 2021, Musk owns 20% of Tesla. His personal obligations are collateralized by part of his holdings. He has at least $500 million stashed away in three U.S. banks, according to a December 2020 filing.

Tesla, a maker of electric vehicles, is headed by Musk. Located in Palo Alto, California, the company sells sedans and sport utility vehicles as well as employing more than 56,000 people.

In addition to being the CEO of SpaceX, Musk is also the company’s chief executive.

114 million troy ounces of gold can be purchased by Elon Musk’s net worth of $204 billion, which can also buy 2.83 billion barrels of crude oil.

Related

Tags: Elon MuskTesla

Comments 2

  1. Piotr says:
    September 8, 2021 at 2:39 pm

    Who care that he is richest….
    You should stop doing this to billions of people…

    Reply
  2. Kanmi oyenuga says:
    September 8, 2021 at 4:59 pm

    Alors, Olumide, tu es ne en France. On dirait que tu as fait anglais a l’universite. Ça va?

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Hot forex
Cornerstone
Mega Millions
Polaris Bank
Access Bank
Bankers Committee
First bank


FCMB
Ikeja Electrics




    Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |

    Recent News

    • Dangote Cement appoints Dr. Gbenga Fapohunda as Acting Group Chief Finance Officer
    • Okorocha prays for leave of court to travel for medical checkup
    • FCCPC explains how consumers can seek redress purchase of defective, unsafe goods

    Follow us on social media:

    Recent News

    Dangote Cement appoints Dr. Gbenga Fapohunda as Acting Group Chief Finance Officer

    Dangote Cement appoints Dr. Gbenga Fapohunda as Acting Group Chief Finance Officer

    June 30, 2022

    Okorocha prays for leave of court to travel for medical checkup

    June 30, 2022
    • ABOUT US
    • CONTACT US
    • PRODUCTS
    • ANDROID APP
    • iOS APP
    • DISCLAIMER
    • CAREERS
    • PRIVACY POLICY

    © 2022 Nairametrics

    No Result
    View All Result
    • Home
    • Exclusives
      • Financial Analysis
      • Corporate Stories
      • Interviews
      • Investigations
      • Metrics
    • Markets
      • Cryptos
      • Commodities
      • Equities
        • Dividends
        • Stock Market
      • Fixed Income
      • Market Views
      • Securities
    • Industries
      • Company News
      • Consumer Goods
      • Content Partners
      • Corporate deals
      • Corporate Press Releases
      • Energy
      • Entertainment
      • Financial Services
      • Hospitality & Travel
      • Manufacturing
      • Real Estate and Construction
      • Tech News
    • Economy
      • Get Data
      • Macro-Economic News
      • Research Analysis
    • Business News
    • Financial Literacy
      • Career tips
      • Personal Finance
    • Lifestyle
      • Billionaire Watch
      • Profiles
    • Opinions
      • Blurb
      • Op-Eds

    © 2022 Nairametrics

    Social Media Auto Publish Powered By : XYZScripts.com