With a net worth of $288.6 bn, Elon Musk now worth more than Exxon Mobil
It’s just one more arresting data point amid a flurry of superlatives, but Elon Musk’s soaring net worth now makes him more valuable than Exxon Mobil Corp.
The wealth of the world’s richest person jumped to $288.6 billion Monday, according to the Bloomberg Billionaires Index.
The $36.2 billion gain followed a surge in Tesla Inc.’s stock price after Hertz Global Holdings Inc. ordered 100,000 cars.
Eclipsing the value of an old-economy bellwether like Exxon may seem like an inevitable milestone in Musk’s trajectory. But the oil company’s own share price has been no laggard this year.
