Elon Musk becomes world’s 4th richest person 

Elon Musk becomes world’s 4th richest person 

The CEO of Tesla and SpaceX, Elon Musk, is now the fourth richest person in the world. The outspoken tech entrepreneur’s net worth has increased to $8

Elon Musk pulls out of $44bn deal to buy Twitter over ‘material breach’
Elon Musk is now the second richest person in the world
Elon Musk buys Twitter for $44bn

The CEO of Tesla and SpaceX, Elon Musk, is now the fourth richest person in the world. The outspoken tech entrepreneur’s net worth has increased to $84.8 billion after gains near $8 billion ($7.78 billion) in a single day.

In the process, Elon Musk’s net worth soared past French luxury tycoon Bernard Arnault, the current wealthiest non-American on the Bloomberg Billionaires Index and is now just within $15 billion of social media giant Facebook’s CEO, Mark Zuckerberg, who holds the number three position among the world’s 500 richest people.

Musk’s wealth has grown by a whopping $57.2 billion this year, marking the second-largest increase on the index after Amazon.com Inc founder Jeff Bezos. In July, Elon Musk had overtaken Warren Buffett to become the seventh richest person in the world. Mr Buffett had donated Berkshire Hathaway shares worth $2.9 billion to charity, causing a decline in his net worth.