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Elon Musk Has Gained More Wealth In 2023 Than Warren Buffett Is Worth

2023-07-19 18 Dailymotion

After posting its worse stock performance since going public in 2010, shares of Tesla have rebounded in 2023.<br /><br />Here’s a look at the impact of the Tesla stock surge in 2023 and the impact it has on the wealth of its CEO Elon Musk.<br /><br />What Happened: So far this year, Musk added almost $119 billion to his wealth. The Twitter owner is worth $256 billion as of the time of writing, according to data from the Bloomberg Billionaires Index.<br /><br />That means that Musk has gained more in wealth in 2023 than almost every person in the world is worth, including Berkshire Hathaway CEO Warren Buffett, who is worth $116 billion.<br /><br />Buffett gained $8.3 billion in wealth in 2023, ranking as the seventh-richest person in the world.<br /><br />Musk's newfound wealth comes after shares of Tesla fell over 65% throughout 2022. The drop was so substantial that Musk even set a Guinness World Record for losing $182 billion in wealth from November 2021 through the end of 2022.

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