Tesla CEO Elon Musk's net worth quintupled to $167 bn in 2020
Tesla CEO Elon Musk's net worth has quintupled to around $167 billion in 2020, who is now also the world's second richest person, trailing only Amazon's Jeff Bezos. According to the Bloomberg Billionaires Index, Musk started the year at a net worth of $27.6 billion. Tesla's 689% increase in value this year is a major reason for Musk's surge.