Elon Musk overtakes Bill Gates to become world’s second richest person

Elon Musk overtakes Bill Gates to become world’s second richest person

Tesla CEO Elon Musk passed Bill Gates to become the world’s second-richest person, after his net worth soared $7.2 billion to $127.9 billion on Monday, according to Bloomberg.

Musk, 49, has added $100.3 billion to his net worth this year.

Microsoft Corp. co-founder Gates’s net worth of $127.7 billion would be much higher had he not donated so prodigiously to charity over the years. He has given more than $27 billion to his namesake foundation since 2006.

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