Elon Reeve Musk FRS is an engineer, industrial designer, technology entrepreneur and philanthropist.
In July, Elon Musk had overtaken Warren Buffett to become the seventh richest person in the world. Mr Buffett had donated Berkshire Hathaway shares worth $2.9 billion to charity, causing a decline in his net worth.
The outspoken tech entrepreneur’s net worth has increased to $84.8 billion after gains near $8 billion ($7.78 billion) in a single day.
In Case You Missed This:NNPC Becomes EITI Partner Company, Says New Status to Deepen Commitment to Accountability & Transparency
In the process, Elon Musk’s net worth soared past French luxury tycoon Bernard Arnault, the current wealthiest non-American on the Bloomberg Billionaires Index and is now just within $15 billion of social media giant Facebook’s CEO, Mark Zuckerberg, who holds the number three position among the world’s 500 richest people.
Mr Musk’s wealth has grown by a whopping $57.2 billion this year, marking the second-largest increase on the index after Amazon.com Inc founder Jeff Bezos.