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Elon Musk has added $100.3 billion to his personal wealth in 2020 – the highest on the Bloomberg Billionaire’s Index.

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Owner of Tesla and SpaceX , Elon Musk, 49, is now the second richest person in the world, surpassing Microsoft mogul Bill Gates – a mere week after Musk surpassed Facebook chief Mark Zuckerberg to take the third spot on November 18.

Tesla’s stock price surge added $7.2 billion to Musk’s $127.9 billion wealth, as per the Bloomberg Billionaire’s Index (BBI). His consecutive leaps up the ladder have been led by Tesla’s stock price surges after it was announced that the automaker would be added to the S&P 500 in December.

This is also a notable move on the list for Gates, who has only once before slipped below the second spot. For the longest time, till Amazon’s Jeff Bezos took the top spot in 2017, Gates held the top spot unchallenged.

On Twitter, Musk has taken jibes at Gates for having “no clue” about electric trucks, while Gates has expressed concern at Musk’s acceptance of COVID-19 conspiracy theories.

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