Elon Musk Was Briefly The 5th Richest Person In The World Today With A Net Worth of $80 Billion

ByBrian Warneron July 13, 2020inArticles›Billionaire News

When Elon’s net worth increased on Friday by $6 billion, he jumped several slots on our list of the richest people in the world . He jumped over Warren Buffett and Sergey Brin to become the 7th richest person on the planet with a net worth of $70.5 billion.

At Friday’s close, the richest people in the world were ranked as follows:

#7: Elon Musk – $70.5 billion (Tesla, SpaceX)

#6: Larry Page – $73 billion (Former CEO of Google, now known as Alphabet Inc.)

#5: Steve Ballmer – $77 billion (Microsoft)

#4: Bernard Arnault – $92.5 billion (LVMH – Louis Vuitton, Moet, Hennessy and other brands)

#3: Mark Zuckerberg – $93 billion (Current CEO “The Facebook Company”)

#2: Bill Gates – $116 billion (Diverse portfolio of investments that started with Microsoft)

Elon Musk Was Briefly The 5th Richest Person In The World Today With A Net Worth of $80 Billion - 1

(Photo by Theo Wargo/Getty Images)

Today (Monday) was yet another wild ride on the Tesla stock roller coaster.

When Elon gained $6 billion in net worth on Friday, it happened because Tesla stock jumped from $1,394 on Thursday to $1,544 on Friday.

For much of the trading day today, Tesla hovered in the $1,700 range, hitting an intra-day peak of $1795. At that level, Elon Musk’s net worth was $80 billion. At that level he was richer than Larry Page and Steve Ballmer and comfortably the fifth richest person in the world:

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Unfortunately the highs wore off and Tesla stock ended the day down 3% to $1497.

At that level Elon’s net worth is around $68.5 billion. Warren Buffett and Sergey Brin are back ahead of him with $69.7 billion and $69.5 billion, respectively.

Keep checking back! These stories are not going to cool off soon.

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