Elon Musk’s fortune soars RM149.34bil in a day on Hertz order


Musk’s net worth of US$288.6bil (RM1.19 trillion) is now greater than the market value of Exxon Mobil Corp or Nike Inc. — Reuters

Elon Musk’s personal fortune jumped by US$36.2bil (RM149.34bil) on Oct 25 after Hertz Global Holdings Inc placed an order for 100,000 Teslas and filings showed a fresh tranche of options in his moonshot pay package vested.

It’s the biggest one-day gain in the history of the Bloomberg Billionaires Index, eclipsing Chinese tycoon Zhong Shanshan’s US$32bil (RM132.75bil) surge last year when his bottled-water company, Nongfu Spring Co, went public. Musk’s net worth of US$288.6bil (RM1.19 trillion) is now greater than the market value of Exxon Mobil Corp or Nike Inc.

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