News > Elon Musk becomes second-richest person in the world, overtakes Bill Gates

Elon Musk becomes second-richest person in the world, overtakes Bill Gates

Tesla chief Elon Musk on Monday overtook Microsoft co-founder Bill Gates to becomes the second-richest person in the world. This came as the Musk's net worth soared $7.2 billion to $127.9 billion, driven by a surge in the company's shares.

Gates was the world’s richest man for years before being overtaken by Amazon founder Jeff Bezos. He now finds himself on the third spot in the list.