Elon Musk is worth more than Salesforce or Pepsi after a $100 billion wealth gain since April.
Go to newsletter preferences Thanks for signing up!
The Tesla CEO's net worth crashed from $229 billion at the start of January to $164 billion by late April, per the Bloomberg Billionaires Index.
However, shares of the EV maker have surged by over 80% from their April low, driving a more than $100 billion increase in Musk's wealth to $270 billion at Wednesday's close.
That includes an almost $50 billion rise since August 7, when Musk's fortune stood at an estimated $223 billion.
Persons:
Elon Musk, —, Elon
Organizations:
Pepsi, Service, Tesla, Bloomberg, Business