Elon Musk, boss of Tesla and SpaceX companies, September 3, 2020 in Germany.

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Patrick Pleul / AP / SIPA

Elon Musk is now the second richest man in the world.

With a fortune of $ 128 billion, the CEO of Tesla has passed Bill Gates in the latest ranking of billionaires from the agency

Bloomberg

.

The 49-year-old entrepreneur earned $ 7.24 billion on Monday alone.

The co-founder of the space company SpaceX had already passed in a few weeks in front of Mark Zuckerberg, CEO of Facebook, and Bernard Arnault, boss of the luxury group LVMH.

Rich even richer despite the crisis

Elon Musk is now only behind Jeff Bezos, founder of Amazon, whose fortune is estimated at 182 billion dollars.

Bill Gates completes the podium with a fortune valued at $ 127.7 billion.

According to 

Bloomberg

, the cumulative fortunes of the richest increased by $ 1.3 trillion in 2020, a 23% increase as the coronavirus crisis slowed the global economy.

Elon Musk's meteoric rise is linked to the soaring Tesla title on the stock market.

The stock price has risen more than 500% since early 2020 and is now worth $ 495 billion on Wall Street.

Elon Musk, who owns about 18% of the company, therefore made $ 100 billion over the same period.

Electric cars, the “future of the automobile”?

The Tesla Group has, moreover, become profitable by making money over five consecutive quarters.

The stock market action was boosted by the election of Joe Biden, who promised to promote the development of electric vehicles in the United States.

Tesla's entry into the prestigious S&P 500 index also played a role.

This will allow the group's action to be systematically included in many financial products, which should give it even more scope.

Tesla is generally benefiting from the enthusiasm of many investors for what they consider to be the future of the automobile.

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