Name: Musk adds nearly $10B to net worth in one day, closing in on Bezos, richest person in world
Brand: foxbusiness.com
SKU: foxbusiness-com-32
Availability: OnlineOnly

critic

Musk adds nearly $10B to net worth in one day, closing in on Bezos, richest person in world

preview

Jim Chanos tells FOX Business’ Charlie Gasparino that he still has issues with Tesla’s balance sheet and financials even as he reduces his short position. Tesla CEO added $9.7 billion to his net worth on Monday, positioning him behind only Amazon CEO in the race to be the richest man in the world, according to the Bloomberg Billionaires&nbsp;Index. Musk is worth $155 billion compared to Bezos' $185 billion, according to Bloomberg.&nbsp; Forbes calculates Musk's net worth to be slightly lower at $143.1 billion, putting him behind LVMH's Bernard Arnault and family, who are valued at $143.5 billion.&nbsp; Musk's net worth has ballooned this year, allowing him to rocket past fellow billionaires, including Facebook founder .&nbsp;The 49-year-old's&nbsp;wealth rose around $90 billion over the course of 2020,&nbsp;according to The Guardian.&nbsp;Ticker Security Last Change Change % TESLA INC. 304.42 +4.74 +1.58% Both Bezos and Musk have seen their net worth&nbsp;increase despite the pandemic. Musk's net worth&nbsp;has grown on the strength of Tesla and .The market value of the electric vehicle maker Tesla&nbsp;reached $608 billion on Monday for the first time and is now just one of five&nbsp;&nbsp;to join the exclusive club as tracked by Dow Jones Market Group.The company is set to be added to the index, which is the broadest measure of the stock market, on Dec. 21, and since the inclusion was announced last month investors have pushed the stock to record highs of $641.76 per share growing the market cap by $221.49 billion.FOX&nbsp;Business' Suzanne O'Halloran and Julia Musto contributed to this report.

Jim Chanos tells FOX Business’ Charlie Gasparino that he still has issues with Tesla’s balance sheet and financials even as he reduces his short position. Tesla CEO added $9.7 billion to his net worth on Monday, positioning him behind only Amazon CEO in the race to be the richest man in the world, according to the Bloomberg Billionaires&nbsp;Index. Musk is worth $155 billion compared to Bezos' $185 billion, according to Bloomberg.&nbsp; Forbes calculates Musk's net worth to be slightly lower at $143.1 billion, putting him behind LVMH's Bernard Arnault and family, who are valued at $143.5...

public

Evie Fordham

Fox Business (officially known as Fox Business Network) is an American pay television business news channel that is owned by the Fox News Media division of Fox Corporation. The network discusses business and financial news.

https://en.wikipedia.org/wiki/Fox_Business

foxbusiness.com

Credible

Speculation

Anecdotal Evidence

Generalization

Stacking the Deck

Appeal to Authority

Straw Man

Slippery Slope

Emotional Appeal

Red Herring

False Dilemma

Illogical

Moral Equivalency

Ad Hominem

Correlation w/o Causation

Semantics

Begging the Question

Faulty Analogy

Non Sequitur

Bandwagon

Dogmatism

Failing Occam's Razor

Biased

Pure Opinion

Hit Piece

Racial Bias

National Bias

Religious Bias

Financial Incentive

Political Agenda

Gender Bias

Misused Image/Video

Study Misinterpreted

Mistake

Misused Term

Science Misrepresented

Factual Error

Satire

Surface Level

Lack of Reliable Sources

Sensational

Not Credible

Investigative

Balanced

Well Sourced

Great Context

sports

entertainment

U.S.

international

business

technology

science

culture

politics

media

health

Musk adds nearly $10B to net worth in one day, closing in on Bezos, richest person in world

No article scores yet.

CRITIC REVIEWS

PUBLIC REVIEWS