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Elon Musk just became richer than Warren Buffett - CNN

Elon Musk just became richer than Warren Buffett - CNN

Elon Musk just became richer than Warren Buffett - CNN
Jul 10, 2020 26 secs

Its market value stood at $286.5 billion.

Musk owns 20.8% of Tesla's stock, making his stake worth just under $60 billion.

Musk is also the primary shareholder of privately held SpaceX, as well as a privately held tunneling company.

Buffett's fortune fell this week after he donated nearly $3 billion worth of Berkshire Hathaway stock to charity — part of his plan to give away most of his wealth to philanthropic ventures.

Tesla's stock is up more than 500% over the past 12 months, exceeding the value of almost every company in the S&P 500.

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