Elon Musk, founder of Tesla and SpaceX, has surpassed legendary investor Warren Buffett in the Bloomberg ranking of billionaires.

According to the agency, he is in seventh place with $ 70.5 billion - the same as Google co-founder Sergey Brin. Buffett is in tenth place with $69.2 billion.

Forbes estimates Musk's fortune at a much smaller amount - $59.3 billion, and Buffett's - the same as Bloomberg. Accordingly, the Omaha investor continues to lead in the magazine's rating.

Musk's rise in the rating is associated with an increase in Tesla's capitalization - on Friday it jumped another 10% to $286 billion, and the value of one share broke through $1,500 ($1,000 was only at the beginning of June). Over the past 12 months, the company's quotes have grown five times, it has become the most valuable automaker in the world.
The growth is connected with the hopes that Tesla will get into the S&P 500 index. To do this, it needs to show four consecutive profitable quarters, and judging by the company's physical indicators, it passed the second quarter of this year without losses. Markets are waiting for the publication of the report on July 22.
another $2.9 billion to charity this week Buffett, by contrast, gave .

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Musk surpasses Buffett in terms of wealth