The combined net worth of Elon Musk and Jeff Bezos approached US$500bil (RM2.07 trillion) on Oct 27, fuelled by the unrelenting rally in Tesla Inc shares and a broad surge in tech stocks that sent the Nasdaq 100 to an intraday record.
The value of the two fortunes – a sum bigger than the market value of Johnson & Johnson and about equal to that of America’s biggest bank, JPMorgan Chase & Co – is yet another watershed moment in what’s shaping up to be a historic week for billionaires.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!