2020 has been a good year for Tesla (TSLA) and by extension, Elon Musk. In fact, this year has seen TSLA stock climb over 500%, increasing Musk’s net worth by over $90 billion.
This ascent in wealth put Elon Musk’s estimated net worth to be hovering around the $128 billion mark, which temporarily placed him as the 2nd richest man on the planet, second to Amazon’s Jeff Bezos, who sits at $182 billion.
The Tesla and SpaceX founder currently sits neck-and-neck with Bill Gates, who is estimated to be worth roughly the same amount as Musk, thanks in large part to his earnings from Microsoft.
Tesla is currently selling for $521.9 per share, and Elon Musk owns 20% of the company, according to Bloomberg.
Though of course, it should be mentioned that Bill Gates has donated nearly $50 billion of his wealth to charities, and in March this year, he stepped down from the board of directors on Microsoft.