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Elon Musk overtakes Bill Gates to become world’s second-richest person – The Australian Financial Review

Elon Musk’s year of dizzying ascents hit a new apex Monday as the Tesla co-founder passed Bill Gates to become the world’s second-richest person.

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Elon Musk’s year of dizzying ascents hit a new apex Monday as the Tesla co-founder passed Bill Gates to become the world’s second-richest person.
The 49-year-old entrepreneur’s net worth soared $US7.2 billion ($9.9 bbillion) to $US127.9 billion ($175.3 billion), driven by yet another surge in Tesla’s share price. Musk has added $US100.3 billion ($137.5 billion) to his net worth this year, the most of anyone on the Bloomberg Billionaires Index, a ranking of the world’s 500 richest people. In January…

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