Elon Musk became the first person to have more than $300 billion in wealth


New Delhi: Tesla CEO Elon Musk has become the first person to cross the $300 billion net worth after amassing $10 billion in a single day.

According to the Bloomberg Billionaires Index, Musk has a net worth of $302 billion.

Tesla’s shares soared after $10 billion, the electric car firm has struck a major deal with the Hertz company to make 100,000 of its vehicles.

On Friday, Microsoft regained its position as the world’s most valuable company with a market cap of $2.46 trillion, taking its total value to $2.41 trillion after Apple’s stock fell four percent.

The report said that Microsoft has overtaken Apple for the 11th consecutive quarter after revenue exceeded estimates.

Musk now has more wealth than the annual GDP of countries like Egypt, Portugal, Jake’s Republic, Greece, Qatar and Finland.

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