After Tesla stock rose 8.5% Monday, Elon Musk, Tesla CEO, is now worth $335Billion.
This makes him three-times wealthier than Warren Buffett, and more valuable than the South African GDP.
Tesla stock has increased 65.6% in the past year.
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Just days after Tesla CEO Elon Musk became the first person to reach $300 billion in wealth, his current worth is three times that of Warren Buffett, an investor wizard.
According to Bloomberg Billionaires Index, the tech mogul now has a fortune of $335 billion. This is after his fortune grew by $24 billion Monday. Berkshire Hathaway CEO Buffett, however, is worth $104 trillion.
Musk, who is 50 years old, also has a greater value than the total gross domestic product of South Africa last year. According to data from the World Bank, that country earned $301.9 billion in 2013.
Bloomberg first reported that his recent wealth increase was due to an 8.5% increase in Tesla shares. His net worth rose by $165 billion by 2021. At the beginning of the year, the multibillionaire owned 22.4%.
Musk's stock surged 13% last week to $36 billion, the largest single-day increase Bloomberg has ever seen after Hertz purchased 100,000 Teslas.
Musk is now $142 billion more than Jeff Bezos (Amazon founder and second-richest man in the world), who according to Bloomberg's index, is worth $193 billion.
Tesla stock has risen 65.6% in the past year, despite dips during March and May.
Musk tweeted Sunday that he would sell shares in Tesla and spend $6 billion on world hunger relief. This was provided that the World Food Programme could show that the money will solve the global crisis of hunger.
