Categories: Business

Luck Elon Musk jumped $ 36 billion in a day with the Hertz command

New York: Personal Fortune Elon Musk jumped $ 36.2 billion Monday after Hertz Global Holdings Inc.
Placing orders for 100,000 Teslas and submissions show tranche new options in the moonshot payment package are located.
This is the biggest one-day advantage in the history of the Bloomberg billionaire index, goes beyond the surge in Chinese Taipan Zhong Shanshan last year when the bottled water company, Nongfu Spring Co., go public.
Musk’s clean wealth of $ 288.6 billion is now greater than the market value of Exxon Car Corp or Nike Inc.
Tesla Inc.
Share up 13% on the news from Hertz’s order, pushing its market value to pass $ 1 trillion.
About two-thirds of the net wealth of Musk was tied directly to the stock and choice in an electric car company, where it was a co-founder and Chief Executive Officer.
Musk increasingly withdrew from fellow mega-billionaire when it arrived at the size of his wealth.
Amazon.com Inc.
Jeff Bezos was ranked second with $ 192.6 billion, according to the Bloomberg index.
The extraordinary leap of musk in wealth came as a member of a democratic parliament, with the support of President Joe Biden, preparing a plan for unrealized taxes from the richest Americans.
The Senate Finance Committee Chair Ron Wyden, a Oregon Democrat, is putting out what is called a billionaire income tax, which will be aimed at those with assets of $ 1 billion, or three consecutive years from $ 100 million or more income.
The stock-based nature of Fortune Musk has enabled it to get billions of dollars in paper wealth and become the richest person in the world while having several liquid assets.
He did not receive a salary from Tesla and part of his shares that was guaranteed for personal loans, according to the company’s submission.
He told the federal jury in 2019 that despite his multibillionaire status, he did not have much money.
Last year he announced on Twitter he planned to sell his house and “almost all” his physical property.
Musk pulled forward before Hertz’s agreement, Tesla’s shares had risen in recent weeks.
The stock price of the car maker rose 45% this year, more than doubled the S & P 500 index, because investors continued to appreciate green technology.
The surge in Tesla shares is not the only source of wealth benefits for Musk.
The Massive 2018 Masif Stock Option Package in the third quarter, according to submission of Monday regulations, adds around $ 8 billion to its net worth.

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