DamienC
2021-11-02
Tesla!
Elon Musk Is Now Three Times Richer Than Warren Buffett
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That widened his lead over Amazon.com Inc.’s Jeff Bezos as the world’s wealthiest person to $143 billion, according to the Bloomberg Billionaires Index. Buffett, chairman of Berkshire Hathaway Inc., ranks 10th with a net worth of $104.1 billion.</p>\n<p>Up and down Tesla’s shareholder roster, fortunes are ballooning. Singapore-based retail trader Leo KoGuan emerged last week as the company’s third-biggest individual shareholder, rocketing him up the wealth ranks with a net worth valued at $12.1 billion. Larry Ellison, who spent 44 years building software maker Oracle Corp., has only been a big investor in Tesla since 2018, but his stake is now worth $18.1 billion, almost a quarter the value of his Oracle holding.</p>\n<p>Buffett’s prodigious philanthropy helps explain some of the growing gap between his and Musk’s fortune. The value investor has donated a portion of his Berkshire stock every year to various charitable organizations, including the Bill & Melinda Gates Foundation. 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That widened his lead over Amazon.com Inc.’s Jeff Bezos as the world’s wealthiest person to $143 billion, according to the Bloomberg Billionaires Index. Buffett, chairman of Berkshire Hathaway Inc., ranks 10th with a net worth of $104.1 billion.\nUp and down Tesla’s shareholder roster, fortunes are ballooning. Singapore-based retail trader Leo KoGuan emerged last week as the company’s third-biggest individual shareholder, rocketing him up the wealth ranks with a net worth valued at $12.1 billion. Larry Ellison, who spent 44 years building software maker Oracle Corp., has only been a big investor in Tesla since 2018, but his stake is now worth $18.1 billion, almost a quarter the value of his Oracle holding.\nBuffett’s prodigious philanthropy helps explain some of the growing gap between his and Musk’s fortune. The value investor has donated a portion of his Berkshire stock every year to various charitable organizations, including the Bill & Melinda Gates Foundation. 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