Elon Musk, owner of Tesla, an American electric vehicle company, saw his assets rise by $ 36 billion last Monday as its market value surpassed the $ 1 billion barrier.
The South African businessman is now worth an estimated $ 289 billion, ahead of Jeff Bezos, the leader of Amazon, whose assets are estimated at $ 193 billion according to the Bloomberg Billionaire Index.
Musk has more money than Bill Gates, co-founder of Microsoft, and Marl Zuckerber, owner of Facebbok, combined. Their combined fortune is estimated at $ 257 billion.
Having reached this level, Tesla joins tech giants that have already surpassed this mark, such as Alphabet or Amazon. In the case of Apple and Microsoft, they’ve already taken it one step further, as these companies have surpassed $ 2 billion in market cap.
Tesla rallied in response to a number of factors announced on Monday. The company received an order for 100,000 cars from Hertz car rental company, which could amount to 4.4 billion US dollars. The company mainly ordered Model 3s from Tesla, hoping that 20% of the world’s fleet will be electric vehicles.
