World's richest people: Elon Musk and Bill Gates are now tied for second place
Tesla CEO Elon Musk and Microsoft co-founder Bill Gates are now tied as the world's second richest men after Tesla shares hit a record high on Monday.
Both of their net worths are set at $128 billion, according to the Bloomberg Billionaires index.
The index, which tracks the world's 500 richest people, has Amazon CEO Jeff Bezos in the number one position with a net worth of over $182 billion.
The news comes after the S&P Dow Jones Indices announced that the electric carmaker would join the S&P 500 index on Dec. 21.
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On Monday, Tesla stock jumped 6.6% and closed at an all-time high of $521.90 per share.
For the first time in the history, Tesla $TSLA has closed at above $500!!
Congrats @elonmusk, @tesla team & all long term investors!!
YES!! WE DID IT 🦾🦾🦾 pic.twitter.com/pQRQQSkksJ— Vincent 🚀🟠 (@vincent13031925) November 23, 2020
The Bill & Melinda Gates Foundation has donated up to $100 million to improve detection, isolation and treatment efforts amid the COVID-19 pandemic.
This article originally appeared on USA TODAY: Elon Musk, Bill Gates tied as world's second richest person