Business
Elon Musk overtakes Bill Gates to become world’s second-richest person – Sydney Morning Herald
Elon Musk’s year of dizzying ascents has hit a new apex as Tesla shares roared higher.
Amazon co-founder Jeff Bezos remains on top of the list with a net worth of $US182 billion.
Tesla shares have surged in recent weeks after being added to the S&P index, though the soaring market value of the company is presenting Wall Street with some problems.
Musk’s milestone marks only the second time in the index’s eight-year history that Microsoft co-founder Gates has ranked lower than number two. He held the top spot for years before being bumped by Bezos in 2017. Gates’s net worth of $US127.7…
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