Elon Musk overtakes Bill Gates as world's second richest person as Tesla chief's net worth swells to $128BILLION

ELON Musk is now the world’s second-richest person – surpassing Microsoft co-founder Bill Gates – with a net worth of $128billion.

According to Bloomberg’s Billionaires Index, Musk’s net worth jumped from $7.2billion to $127.9billion on Monday.

The soaring fortune came amid a surge in Tesla’s share price.

During 2020 alone, Musk has added $100.3billion to his net worth.

In January, he ranked 35th on Bloomberg’s ranking of the world’s 500 richest people.

With Gates as the third-richest with a $128billion net worth, Amazon founder Jeff Bezos comes in first with a $182billion net worth.

Tesla’s market value is heading toward $500billion, which has largely driven Musk’s growing net worth.

Just earlier this month, Musk had a net worth of around $117.5billion.

It was all thanks to Tesla being accepted on the S&P 500, a major US stock market index.

Tesla's share prices surged thanks to the news and Musk has a hefty 20 percent stake in his company.

Musk revealed weeks ago that he tested positive for Covid – but also tested negative on the same day, before claiming the results were “bogus.”

The 49-year-old said after having the "symptoms of a typical cold" he was tested four times on the "same machine" by the "same nurse.”

South African-born Musk questioned the accuracy of coronavirus tests after claiming he received two positive and two negative results.

He wrote: "Something extremely bogus is going on. Was tested for covid four times today.

"Two tests came back negative, two came back positive. Same machine, same test, same nurse. Rapid antigen test from BD."

Musk, who took rapid antigen tests, said he was also awaiting results from polymerase chain reaction (PCR) tests from different labs.

When asked by a Twitter user if he showed any symptoms, Musk said he had symptoms of a “typical cold” and added, "Nothing unusual so far."

He wrote: "If it's happening to me, it's happening to others."

It is not clear if Musk has actually contracted the respiratory disease which has killed more than 248,000 Americans.

The PayPal co-founder has criticized Covid-19 restrictions and lockdowns branding them “fascist” and an infringement on individual liberty.

Musk previously said he would not get the vaccine because he was "not at risk for Covid, nor are my kids."

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