Elon Musk 'adds $9BILLION to his $167billion net worth in just one day' behind Jeff Bezos' $187.3billion

ELON Musk’s net worth jumped nearly $9billion on Friday to $167.3billion, boosting his status as the second wealthiest person on earth. 

Musk’s fortune hit a new high as Tesla, of which he is CEO, prepared to debut in the S&P 500, a major stock market index.

The entrepreneur has grown his fortune by $139.7billion this year, and only Amazon founder Jeff Bezos has a higher net worth, according to the Bloomberg Billionaires Index. 

Bezos sits at the top of the wealth index with a net wroth of $187.3billion. 

Tesla shares closed at a record $695 on Friday, and have jumped 731 percent in 2020. 

Tesla’s stock increased 70 percent when it announced its forthcoming inclusion in the S&P 500. 

Inclusion in the S&P 500 is expected to prompt a new round of share buying. 

Musk’s continued ascent comes after he surpassed Microsoft co-founder Bill Gates as the world’s second richest person on November 23. 

At the time, Musk’s net worth hiked up from $7.2billion to $127.9billion.

That leap was owed to a surge in Tesla’s share price. 

In mid-November, Musk’s fortune grew $15billion in a single day, which broke down to $170,000 per second, as Tesla was accepted on the S&P 500. 

In January, Musk ranked 35th on Bloomberg’s ranking of the globe’s 500 wealthiest people.

Musk, 49, has seen the greatest growth among executives in the electric vehicle industry. 

This year, more than a dozen electric vehicle companies have either gone public or announced listings.

Musk’s wealth has soared this year despite the coronavirus crisis – and he is not alone. 

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Bezos and Facebook founder and CEO Mark Zuckerberg together gained $60billion during the pandemic. 

However, the number of billionaires on the planet has shrunk this year as the global economy takes a hit. 

In April, there were about 2,095 billionaires in the world, according to Forbes, and 58 fewer billionaires than a year ago.

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