Elon Musks Net Worth Zooms Past Warren Buffetts, Bloomberg Reports

Elon Musks net worth soared past Warren Buffett on Friday as the chief executive officer of Tesla Inc became the seventh richest person in the world, according to the Bloomberg Billionaires Index.

Musks fortune rose by $6.07 billion on Friday, Bloomberg News said, following a 10.8 percent jump in the electric carmakers stock.

Tesla co-founder and CEO Elon Musk speaks during the unveiling of the all-electric battery-powered Teslas Cybertruck at the Tesla Design Center in Hawthorne, Calif., on Nov. 21, 2019. (Frederic J. Brown/AFP via Getty Images)

Buffetts net worth dropped earlier this week when he donated $2.9 billion in Berkshire Hathaway stock to charity, the report added.

Warren Buffett, CEO of Berkshire Hathaway, attends the 2019 annual shareholders meeting in Omaha, Neb., on May 3, 2019. (Johannes Eisele/AFP/Getty Images)

Teslas shares have surged 500 percent over the past yRead More – Source