With $7.8 Billion Addition To His Fortune In A Day, Tech Billionaire Elon Musk Becomes World's Fourth-Richest Person

With $7.8 Billion Addition To His Fortune In A Day, Tech Billionaire Elon Musk Becomes World's Fourth-Richest PersonElon Musk during the unveiling of the CyberTruck (Pic Via Twitter)

In an unstoppable spree of wealth addition, SpaceX and Tesla founder and serial entrepreneur Elon Musk has become the world's fourth-richest man with a net worth of $84.8 billion, reports Economic Times.

This comes as Musk's net worth surged by a whopping $7.8 billion in a single day, driven by the 11 per cent surge in the price of Tesla's stock. With this, Musk has added staggering $57.2 billion to his fortune since the beginning of the year.

The surge in Musk's net worth this year is second only to e-commerce giant Amazon's founder Jeff Bezos' addition of $73 billion to his fortune. Bezos, however, stands much ahead at the top of the list of richest persons in the world with a net worth of $188 billion.

It should be noted that this comes just days after Reliance Industries Limited (RIL)'s chairman Mukesh Ambani had become world's fourth-richest individual. Ambani's present net worth stands at $78.8 billion. He is presently the world's sixth richest individual as per the Bloomberg's Billionaires Index.