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Elon Musk's wealth surged by $36 billion, the largest single-day gain Bloomberg's ever recorded

Posted On: Dec 2, 2021   |   Posted By: Business Insider

Tesla CEO Elon Musk is the world's richest person by a nearly $100 billion margin.
picture alliance / Getty Images
Elon Musk's net worth jumped to $288.6 billion on Monday, according to Bloomberg.
Tesla's market value surged 13%, passing $1 trillion for the first time and bolstering Musk's fortune.
Musk is now nearly $100 billion wealthier than Amazon's Jeff Bezos.
It's been quite the day for Tesla and its CEO, Elon Musk. The early-morning announcement that Hertz intends to buy 100,000 Teslas for its rental fleet kicked off a spectacular rally that sent the company's market capitalization and its top executive's net worth soaring to new heights. Tesla's share price surged nearly 13% on Monday, bringing the automaker's market cap to just over $1 trillion for the first time. Musk ended the day $36.2 billion richer in the largest single-day gain that Bloomberg's Billionaires Index has ever recorded. Bloomberg now estimates Musk's net worth at $288.6 billion. His wealth has now eclipsed Toyota's $282 billion...

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