Bloomberg Ranking Elon Musk and the Club of the Super Rich
Since the beginning of the year, Tesla shares have only known one direction: up. While the share started at EUR 575.80 per share on the first trading day of the new year, it has increased in value by more than 20 percent over the course of the week. Despite the price slump at the beginning of December, the carmaker is continuing its stock market success of 2020. In the past year, the papers of the electric car pioneer rose by 700 percent.
The latest rise in the share price is also making the assets of Group boss Elon Musk continue to grow. According to Bloomberg, it had risen by about $ 150 billion by 2020. With the stock market success at the beginning of the year, Musk is moving even higher. According to the Bloomberg Billionaires Index, the Tesla founder is now the richest person in the world with a fortune of 195 billion US dollars.
Musk reacted quite calmly to the news: “How strange” and “back to work” tweeted the 49-year-old unimpressed.
Well, back to work …
– Elon Musk (@elonmusk) January 7, 2021
In the “Forbes” ranking, the Tesla boss is still in second place among the super-rich. The business magazine estimates Musk’s fortune $ 18 billion less than Bloomberg. The reason for the discrepancies between the two rankings is their data basis. Both consider publicly available information about assets like real estate or stocks and base their estimates of the wealth of the super-rich on it.
In the “Bloomberg Billionaires Ranking” Elon Musk remains in first place for the time being. According to the ranking, these are the ten richest billionaires in the world:
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# 10 Larry Ellison
With a fortune of $ 80 billion, Larry Ellison is currently tenth in the Bloomberg billionaires rankings. In December, the Oracle founder announced that his company would move to Texas. However, Ellison does not go to the new company headquarters in Austin. According to his own statements, he wants to steer Oracle “with the power of Zoom” from the Hawaiian island of Lanai. As of 2012, Ellison Island has been 98 percent owned.
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# 9 Sergey Brin, # 8 Larry Page
Since their retirement, it has become quiet around Google founders Sergey Brin and Larry Page. In international billionaire rankings, the two are still at the forefront – not least because of their company shares in Alphabet. This also applies to the current “Bloomberg Billionaires Index”. While Brin ranks ninth with assets of $ 81 billion, Page ranks 8th with $ 2.6 billion more in assets.
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# 7 Warren Buffet
Many super-rich were able to increase their wealth in the Corona crisis, but Warren Buffet lost several billion. As the business magazine Forbes calculated, his fortune fell from more than 80 billion US dollars to just over 76 billion US dollars. According to the Bloomberg ranking, the head of Berkshire Hathaway is one of the seven richest billionaires in the world. Current Net Worth: $ 88 billion.
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# 6 Zhong Shanshan
Zhong Shanshan is considered one of the biggest climbers in the billionaires club. The successful IPO of his mineral water company Nongfu Spring has catapulted Shanshan to the top of the Chinese super-rich. Shanshan ranks sixth among the richest billionaires in the Bloomberg rankings, with assets of $ 93.1 billion. The Nongfu founder holds 84 percent of the company’s shares. Shanshan also has a 75 percent stake in the pharmaceutical company Beijing Wanda Pharmacy Enterprise, which made an even steeper start on the stock market last spring.
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# 5 Mark Zuckerberg
Mark Zuckerberg is by far the youngest of the ten super-rich. In the Corona crisis, the Facebook boss’s fortune grew again. The growth curve showed a steep upward trend right up to the end. In the current Bloomberg ranking, Zuckerberg ranks fifth among the richest billionaires with assets of 102 billion US dollars.
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# 4 Bernard Arnault
Only two of the ten richest billionaires in the current ranking are not from the USA. Bernard Arnault is the only European who lands in fourth place ahead of Mark Zuckerberg. His net worth is $ 116 billion, according to Bloomberg. With LVMH, Arnault has built a global luxury empire that ranges from fashion to spirits. The latest acquisition is the US jeweler Tiffany & Co., which has officially been part of the group since the beginning of January.
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# 3 Bill Gates
For Microsoft co-founder Bill Gates, an era came to an end in March 2020. He withdrew from the company’s board of directors. According to Forbes, he now only owns a little over one percent of Microsoft shares. Over the years, he has donated Microsoft shares worth nearly $ 36 billion to the charitable foundation with his wife Melinda. Even so, his current fortune is enough to be among the three richest billionaires. It stands at $ 134 billion, according to Bloomberg.
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# 2 Jeff Bezos
At Forbes, Jeff Bezos is still the richest person in the world. In the Bloomberg ranking, the Amazon boss has to vacate this title after more than three years. He’ll get over it: Bezos remains in second place with a fortune of 185 billion US dollars. Like many tech billionaires, the Amazon boss was also able to benefit from the corona crisis. The high demand for online trading and cloud business caused the stock market price of the online giant to skyrocket – by more than 64 percent as Forbes reported. According to the business magazine, Bezos holds 11.1 percent of the company’s shares.
