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Elon Musk sold Tesla shares worth 10 billion dollars, will he remain the richest person in the world ..

New Delhi , Tesla Chief Executive Elon Musk has sold another 934,091 shares of the US electric vehicle maker. Those are valued at $1.01 billion, a U.S. securities filing showed Thursday, Dec. They also exercised stock options to purchase 2.1 million shares of the EV maker, according to the filing. With the latest transaction Musk has sold more than $10 billion worth of Tesla stock since November 8. ( elon musk cell share )

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10.1 million shares sold for $10.9 billion

The entrepreneur has so far exercised options to buy 10.7 million shares and sold 10.1 million shares for $10.9 billion. He still has the option to buy about 10 million more shares at $6.24 each. The exercise option expires in August next year. Following the stake sale, the world’s richest man asked Twitter users if he should sell 10% of his stock. Most social media users agreed that Musk should sell his 10% stake in Tesla.

Musk is the world’s richest person with a net worth of $284 billion (elon musk cell share)

However, Musk remains the world’s richest person with a net worth of $284 billion, despite selling shares worth $10 billion, according to the Bloomberg Billionaires Index. In second place is Musk followed by former Amazon chief Jeff Bezos, who is currently at just south of $200 billion, according to an index that tracks the wealth movement of the world’s richest individuals. Since the gap between Musk and Bezos is more than $80 billion, it would not be easy to say that the former is expected to maintain the lead in the coming days, especially given the latter’s job as Amazon CEO. left. ( elon musk cell share )

Shivam Bangwal

Shivam Bangwal is an India-based Entrepreneur. He is the Founder of Successful Startups like Youthistaan, People News Chronicle, Hitchhike TV & Branding Panther. Shivam has done his Master's in Computer Applications.

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