Musk’s net worth swelled by more than $7.2 billion on November 23, driven by another surge in the Tesla share price.

In January 2020, he ranked 35th, but the tremendous rise in Tesla’s share price has helped him gain ground and surpass other billionaires in the world.

Since the beginning of this year, the members of the Bloomberg Index have collectively gained 23% — or $1.3 trillion.

Elon Musk owns: Tesla- Electric Vehicles, SpaceX- Space Travel, The Boring Company Hyperloop- Underground tunnel loop travel. (Over 1000km/hr) and Starlink- Low-cost internet for Africa, developing countries and rural communities. He is the ex founder of the popular international payment platform - PayPal.