Elon Musk becomes the richest person than Warren Buffet and worth more than the whole GDP of his home country of South Africa

Elon Musk is presently worth three times more than investing wizard Warren Buffet, only days after the Tesla CEO became the world’s first person to hit $300 billion in wealth.

The tech mogul’s fortune is present $335 billion, after it jumped by one more $24 billion on Monday, as per the Bloomberg Billionaires Index. In comparison, Berkshire Hathaway CEO Buffet is valued at $104 billion.

Elon Musk, 50, is likewise worth more than the whole GDP of his home country, South Africa, which pulled in $301.9 billion last year, per information from the World Bank.

His new boost in wealth was driven by an 8.5% ascent in Tesla’s shares, as his net worth took off by a total of $165 billion in 2021. The multibillionaire possessed around 22.4% of the organization toward the beginning of the year.

Last week, a 13% leap in Tesla’s stock netted Elon Musk an extra $36 billion – the biggest single-day surge Bloomberg has at any point recorded – after news arose that Hertz ordered 100,000 Teslas.

Elon Musk presently sits at an agreeable $142 billion over the world’s second-richest man, Amazon founder Jeff Bezos, who as per Bloomberg’s index is worth $193 billion.

Tesla’s stock has skyrocketed 65.6% since the beginning of the year, regardless of dips in March and May.

On Sunday, Elon Musk tweeted he would sell his shares in the electric automaker and spend $6 billion to mitigate hunger around the world, as long as the World Food Programme could demonstrate that the cash would tackle the global hunger emergency.