Elon Musk got richer as the owner of Louis Vuitton

The founder of Tesla and SpaceX now ranks fourth among the wealthiest people in the world.

The total wealth of Elon Musk today is estimated at $84.8 billion, according to Bloomberg. The growth in the value of Tesla shares increased by 11%, resulting in a record value of $1845.86 per unit. Musk’s wealth was supplemented with an additional $7.8 billion, which allowed his stock to rise in the rankings.

Despite all the crises and difficulties, 2020 was a generally successful year for Tesla. The value of the company’s shares has increased by 39% since the beginning of the year, and it is expected that it will soon enter the S&P 500 stock index. The recent growth was primarily triggered by the company’s desire to conduct a split – splitting of shares to make them more accessible to employees and retail investors. The separation will be performed at the rate of 5:1, which will result in the value of one share being about $350.

The top spot on the list remains occupied by the founder of Amazon, Jeff Bezos, with $188 billion in assets. The second place belongs to Bill Gates, who has $121 billion. Third place is occupied by Mark Zuckerberg, whose fortune is estimated at $99 billion.

As for the fourth place, it was previously owned by Bernard Arnault, CEO of the French group of companies Louis Vuitton Moët Hennessy (LVMH). But it should be noted that he has not fallen behind the mask too much – according to Bloomberg, his net worth is estimated at $84.6 billion.

It should be noted here that Musk’s assets increased immediately by $57.2 billion. And if there was a rate at which people could invest in the fastest growth of capital, the founder of Tesla would take second place in that category, yielding only to Bezos, who has an increase of $73 billion in 2020.