Tesla CEO Elon Musk poses for a photograph. File photo
Musk's fortune rose by $6.07 billion on Friday, Bloomberg News said, following a 10.8% jump in the electric carmaker's stock.
Buffett's net worth dropped earlier this week when he donated $2.9 billion in Berkshire Hathaway stock to charity, the report added.
In this photo shows the Tesla car showroom. File photo
Tesla's shares have surged 500% over the past year as the company increased sales of its Model 3 sedan.
The blistering rally also puts Musk in reach of a payday potentially worth $1.8 billion, his second jackpot from the electric car maker in about two months.
The stock is up about 38% since the close on July 1, a day before the company reported its quarterly delivery numbers.
Tesla's solid delivery numbers heightened expectations of a profitable second quarter, which would mark the first time in its history that it would report four consecutive quarters of profit.
Nigerian billionaire Aliko Dangote, known as Africa's richest man, told a forum in Ivory Coast on Saturday how he once took $10 million in cash out of the bank just to look at it and get it into his head that this was real money, not just figures on paper.
Adani Group Chairman Gautam Adani has achieved a remarkable milestone amid the COVID-19 pandemic, as he added the highest wealth to his fortune in the world, as per the latest Bloomberg billionaires Index. Adani is now the 26th richest person in the world.
Tesla and SpaceX CEO Elon Musk has hit back on tech billionaire Bill Gates who earlier cast doubt on his ability to develop electric vehicles for long-haul travel.
Statistics Centre - Abu Dhabi (SCAD) has announced statistical data that show expansion of Abu Dhabi’s Gross Domestic Product (GDP) in the first half of 2022, reaching 11.2 per cent compared to the same period last year.
Dubai-owned ports giant DP World will manage a logistics-focused free economic zone in Uzbekistan’s southeastern Navoi province, Uzbek President Shavkat Mirziyoyev’s office said late on Friday.
Pakistan’s Prime Minister Muhammad Shehbaz Sharif on Saturday stressed upon the Turkish companies to invest in Pakistan, as the infinite potential between the two brotherly countries