At the end of Monday’s trading session, there was a lift in some of the billionaire's rankings. A total of $13.03 billion was recorded at the close of the day giving well-known billionaires smiles as the emerging biggest winners in the stock market.
On that remark, Tesla's inventor and CEO, Elon Musk, led the group with a $5.8 billion gain, skyrocketing his net worth to a value of $256.2 billion. This development has placed him as the world's richest man, according to the Forbes billionaire index.
According to the close of Monday’s trade, other notable gainers on the list include Mukesh Ambani, the Founder, and Chairman of Reliance Industries, who gained in stocks with $2.9 billion; Rick Cohen, the Chairman of C&S Wholesale Grocers, who gained in stocks with a $2.1 billion; and Gautam Adani, Chairman of Adani Group, who gained in stocks with a $936 million.
Putting a keen eye on the trade gains, all five billionaires had their net worth rose by more than 1%, significantly increasing their net worth.
Read more: https://www.investingport.com/monda...t-13b-ranking-elon-musk-as-world-richest-man/