Elon Musk Is Now Three Times Richer Than Warren Buffett
- Latest Tesla surge has swelled wealth of its shareholders
- Larry Ellison, Leo KoGuan are among those benefiting
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Tesla Inc.’s latest rally has blasted co-founder Elon Musk’s wealth past a new milestone: It now eclipses famed investor Warren Buffett’s fortune by a factor of three.
Musk’s net worth rose by $24 billion to $335.1 billion Monday as the electric automaker’s shares jumped 8.5% in New York. That widened his lead over Amazon.com Inc.’s Jeff Bezos as the world’s wealthiest person to $143 billion, according to the Bloomberg Billionaires Index. Buffett, chairman of Berkshire Hathaway Inc., ranks 10th with a net worth of $104.1 billion.