Elon Musk Ends The Week With A Net Worth Of 210 Billion Gained 40 Billion In Five Days
Monday: $170 Billion
Before the stock markets opened for trading on Monday, Elon Musk had a net worth of $170 billion. Jeff Bezos had a net worth of $190 billion. At that point we posted the following article: Elon Musk Is Just $20 Billion Away From Being The Richest Person On The Planet After we posted the above article to Facebook, some commenters were upset that we said Elon “was a mere $20 billion away”. The complaint being that we were downplaying $20 billion and exaggerating how easy it would be for someone to grow their net worth by $20 billion in a short period of time. Actually, the commenters weren’t totally wrong. When we published that article, I personally thought it would take weeks… maybe months for Elon to close the gap and potentially take over as the richest person on the planet. As the publisher of CNW, I was extremely excited by the prospect of writing dozens of articles chronicling the inch-by-inch back and forth of the Bezos/Musk wealth brawl. Well…. Elon cut that $20 billion gap to $11 billion on Monday alone. Here’s how the rest of the week unfolded:
Tuesday: $175 Billion
Elon ends Tuesday with a net worth of $175 billion. Jeff ends Tuesday worth $186 billion. So in one fell swoop, $9 billion of the $20 billion gap was hacked away. At Wednesday’s lowest point, Tesla traded at $750. At its high, Tesla traded at $770. It ended the day back down at $755.
Wednesday: $181 billion
Elon ended Wednesday at $181 billion. Jeff ended the day at $184 billion.
Thursday: $196 Billion – Richest Person in the World
The Tesla rocket ship wasn’t done. At $880 per share, we estimate Elon Musk’s net worth is $210 billion.
Friday: Elon Musk’s net worth is $210 Billion
In case you haven’t done the math yet, that’s a $40 billion increase in five days. Double the amount people thought we were exaggerating.
What’s Next? $256 billion.
Had Jeff never divorced, today he would be worth $256 billion. At today’s levels Elon is just a mere $46 billion away from $256 billion. He gained $40 billion over the last five days. Should be a cinch! So that’s what I want to see. I want to see Elon’s net worth top $256 billion plus a dollar.