Elon Musk Now The 7th Richest Person In The World

According to the Bloomberg billionaire index, the chief executive officer of Tesla Inc Elon Musk is now the 7th richest in the world. Making him richer than Warren buffet.

He became $6.07 billion richer on Friday, following a 10.8% jump in the electric carmaker’s stock.

Tesla’s shares have surged 500% over the past year as the company increased sales of its Model 3 sedan.

Putting Musk in reach of a payday that is worth $1.8 billion, which would be his second jackpot from the electric car maker in about two months. *

The company’s solid delivery numbers has heightened expectations of a profitable second quarter, which would mark the first time in its history that it would report four consecutive quarters of profit.

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