New York: Elon MuskThere was a jump of $36.2 billion in the personal wealth of haters Global Holdings Inc. placed an order for 100,000 Teslas and the filing showed a new tranche of options contained in their Moonshot pay package.
This is the biggest one-day gain in the history of the Bloomberg Billionaires Index, which eclipses the Chinese tycoon. zhong shanshanLast year, his bottled water company Nongfu Spring Company went public with a $32 billion jump. Musk has a net worth of $288.6 billion, which is now more than the market value of Exxon Mobil Corp. or Nike Inc.
Tesla Inc. Shares rose 13% on news of the Hertz order, bringing its market cap to more than $1 trillion. About two-thirds of Musk’s net worth is directly tied to shares and options in the electric-car company, of which he is co-founder and CEO.
Musk is increasingly moving away from his fellow mega-billionaires when it comes to the size of his fortune. Amazon.com Inc. Jeff Bezos According to the Bloomberg index, it ranks second with $192.6 billion.
The extraordinary jump in Musk’s wealth comes as Democratic lawmakers, with support from President Joe Biden, plan to tax the unrealized gains of the richest Americans. Senate Finance Committee Chairman Ron Wyden, an Oregon Democrat, is setting so-called billionaires’ income taxes to be aimed at those who have $1 billion in assets, or $100 million or more in three consecutive years in income. Is.
The stock-based nature of Musk’s fortune has made it possible for him to amass billions of dollars in paper assets and become the world’s richest person with few liquid assets. According to the company’s filings, he does not accept any salary from Tesla and a portion of his stake is pledged as collateral for a personal loan. He told a federal jury in 2019 that despite his multi-billionaire status, he didn’t have much cash. Last year he announced on Twitter that he planned to sell his home and “almost all” of his physical possessions.
musk pulls forward
Even before the Hertz deal, Tesla shares have climbed in recent weeks. The auto maker’s stock price is up 45% this year, more than double the S&P 500 index’s gains, as investors continue to reward green technologies.
The surge in Tesla stock isn’t the only source of wealth gains for Musk. The seventh tranche of Musk’s massive 2018 stock options package lies in the third quarter, adding nearly $8 billion to his net worth, according to a regulatory filing Monday.
This is the biggest one-day gain in the history of the Bloomberg Billionaires Index, which eclipses the Chinese tycoon. zhong shanshanLast year, his bottled water company Nongfu Spring Company went public with a $32 billion jump. Musk has a net worth of $288.6 billion, which is now more than the market value of Exxon Mobil Corp. or Nike Inc.
Tesla Inc. Shares rose 13% on news of the Hertz order, bringing its market cap to more than $1 trillion. About two-thirds of Musk’s net worth is directly tied to shares and options in the electric-car company, of which he is co-founder and CEO.
Musk is increasingly moving away from his fellow mega-billionaires when it comes to the size of his fortune. Amazon.com Inc. Jeff Bezos According to the Bloomberg index, it ranks second with $192.6 billion.
The extraordinary jump in Musk’s wealth comes as Democratic lawmakers, with support from President Joe Biden, plan to tax the unrealized gains of the richest Americans. Senate Finance Committee Chairman Ron Wyden, an Oregon Democrat, is setting so-called billionaires’ income taxes to be aimed at those who have $1 billion in assets, or $100 million or more in three consecutive years in income. Is.
The stock-based nature of Musk’s fortune has made it possible for him to amass billions of dollars in paper assets and become the world’s richest person with few liquid assets. According to the company’s filings, he does not accept any salary from Tesla and a portion of his stake is pledged as collateral for a personal loan. He told a federal jury in 2019 that despite his multi-billionaire status, he didn’t have much cash. Last year he announced on Twitter that he planned to sell his home and “almost all” of his physical possessions.
musk pulls forward
Even before the Hertz deal, Tesla shares have climbed in recent weeks. The auto maker’s stock price is up 45% this year, more than double the S&P 500 index’s gains, as investors continue to reward green technologies.
The surge in Tesla stock isn’t the only source of wealth gains for Musk. The seventh tranche of Musk’s massive 2018 stock options package lies in the third quarter, adding nearly $8 billion to his net worth, according to a regulatory filing Monday.
.