{"id":39536,"date":"2021-10-26T16:03:12","date_gmt":"2021-10-26T16:03:12","guid":{"rendered":"https:\/\/www.africa-press.net\/tanzania\/all-news\/elon-musks-fortune-soars-36-billion-in-a-day-on-hertz-order"},"modified":"2021-10-26T16:07:42","modified_gmt":"2021-10-26T16:07:42","slug":"elon-musks-fortune-soars-36-billion-in-a-day-on-hertz-order","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/tanzania\/all-news\/elon-musks-fortune-soars-36-billion-in-a-day-on-hertz-order","title":{"rendered":"Elon Musk\u2019s Fortune Soars $36 Billion in a Day on Hertz Order"},"content":{"rendered":"

Africa-Press – Tanzania. <\/strong><\/span>Elon Musk\u2019s personal fortune jumped by $36.2 billion Monday after Hertz Global Holdings Inc. placed an order for 100,000 Teslas and filings showed a fresh tranche of options in his moonshot pay package vested.<\/p>\n

It\u2019s the biggest one-day gain in the history of the Bloomberg Billionaires Index, eclipsing Chinese tycoon Zhong Shanshan\u2019s $32 billion surge last year when his bottled-water company, Nongfu Spring Co., went public. Musk\u2019s net worth of $288.6 billion is now greater than the market value of Exxon Mobil Corp. or Nike Inc.<\/p>\n

Tesla Inc. shares rose 13% on news of the Hertz order, pushing its market value past $1 trillion. About two-thirds of Musk\u2019s net worth is tied directly to shares and options in the electric-car company, of which he is co-founder and chief executive officer.<\/p>\n

Musk is increasingly pulling away from his fellow mega-billionaires when it comes to the size of his fortune. Amazon.com Inc.\u2019s Jeff Bezos ranks second with $192.6 billion, according to the Bloomberg index.<\/p>\n

Musk\u2019s extraordinary jump in wealth comes as Democratic lawmakers, with President Joe Biden\u2019s support, draw up a plan to tax unrealized gains of the very richest Americans. Senate Finance Committee Chair Ron Wyden, an Oregon Democrat, is laying out the so-called billionaires\u2019 income tax, which would be aimed at those with $1 billion in assets, or three consecutive years of $100 million or more in income.<\/p>\n

The stock-based nature of Musk\u2019s fortune has made it possible for him to gain billions of dollars in paper wealth and become the world\u2019s richest person while having few liquid assets. He accepts no salary from Tesla and part of his stake is pledged as collateral for personal loans, according to company filings. He told a federal jury in 2019 that despite his multibillionaire status, he didn\u2019t have much cash. Last year he announced on Twitter he planned to sell his homes and \u201calmost all\u201d his physical possessions.<\/p>\n

Even before the Hertz deal, Tesla shares have climbed in recent weeks. The auto maker\u2019s stock price is up 45% this year, more than double the gain of the S&P 500 Index, as investors continue to reward green technologies.<\/p>\n

A surge in Tesla stock isn\u2019t the only source of wealth gains for Musk. The seventh tranche of Musk\u2019s massive 2018 stock option package vested in the third quarter, according to a regulatory filing Monday, adding about $8 billion to his net worth.<\/p>\n

For More News And Analysis About Tanzania<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Tanzania. Elon Musk\u2019s personal fortune jumped by $36.2 billion Monday after Hertz Global Holdings Inc. placed an order for 100,000 Teslas and filings showed a fresh tranche of options in his moonshot pay package vested. It\u2019s the biggest one-day gain in the history of the Bloomberg Billionaires Index, eclipsing Chinese tycoon Zhong Shanshan\u2019s […]<\/p>\n","protected":false},"author":84,"featured_media":39535,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,8,9,16],"tags":[6990,6991,8221,8222,711],"class_list":["post-39536","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-homepage-english","category-miscellaneous","category-twitter","tag-africa-press-2","tag-africa-press-tanzania","tag-elon-musk","tag-hertz","tag-tanzania"],"yoast_head":"\nElon Musk\u2019s Fortune Soars $36 Billion in a Day on Hertz Order - Tanzania<\/title>\n<meta name=\"description\" content=\"Elon Musk\u2019s personal fortune jumped by $36.2 billion Monday after Hertz Global Holdings Inc. placed an order for 100,000 ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/tanzania\/all-news\/elon-musks-fortune-soars-36-billion-in-a-day-on-hertz-order\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Elon Musk\u2019s Fortune Soars $36 Billion in a Day on Hertz Order\" \/>\n<meta property=\"og:description\" content=\"Elon Musk\u2019s personal fortune jumped by $36.2 billion Monday after Hertz Global Holdings Inc. placed an order for 100,000 ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/tanzania\/all-news\/elon-musks-fortune-soars-36-billion-in-a-day-on-hertz-order\" \/>\n<meta property=\"og:site_name\" content=\"Tanzania\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-10-26T16:03:12+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-10-26T16:07:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2021\/10\/img-61782789b5982.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"960\" \/>\n\t<meta property=\"og:image:height\" content=\"640\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/elon-musks-fortune-soars-36-billion-in-a-day-on-hertz-order#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/elon-musks-fortune-soars-36-billion-in-a-day-on-hertz-order\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Elon Musk\u2019s Fortune Soars $36 Billion in a Day on Hertz Order\",\"datePublished\":\"2021-10-26T16:03:12+00:00\",\"dateModified\":\"2021-10-26T16:07:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/elon-musks-fortune-soars-36-billion-in-a-day-on-hertz-order\"},\"wordCount\":425,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/elon-musks-fortune-soars-36-billion-in-a-day-on-hertz-order#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2021\/10\/img-61782789b5982.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Tanzania\",\"Elon Musk\",\"Hertz\",\"tanzania\"],\"articleSection\":[\"all news\",\"homepage-english\",\"miscellaneous\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/tanzania\/all-news\/elon-musks-fortune-soars-36-billion-in-a-day-on-hertz-order#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/elon-musks-fortune-soars-36-billion-in-a-day-on-hertz-order\",\"url\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/elon-musks-fortune-soars-36-billion-in-a-day-on-hertz-order\",\"name\":\"Elon Musk\u2019s Fortune Soars $36 Billion in a Day on Hertz Order - Tanzania\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/elon-musks-fortune-soars-36-billion-in-a-day-on-hertz-order#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/elon-musks-fortune-soars-36-billion-in-a-day-on-hertz-order#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2021\/10\/img-61782789b5982.jpg\",\"datePublished\":\"2021-10-26T16:03:12+00:00\",\"dateModified\":\"2021-10-26T16:07:42+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"Elon Musk\u2019s personal fortune jumped by $36.2 billion Monday after Hertz Global Holdings Inc. placed an order for 100,000 ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/elon-musks-fortune-soars-36-billion-in-a-day-on-hertz-order#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/tanzania\/all-news\/elon-musks-fortune-soars-36-billion-in-a-day-on-hertz-order\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/elon-musks-fortune-soars-36-billion-in-a-day-on-hertz-order#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2021\/10\/img-61782789b5982.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2021\/10\/img-61782789b5982.jpg\",\"width\":960,\"height\":640,\"caption\":\"Elon Musk\u2019s Fortune Soars $36 Billion in a Day on Hertz Order\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/elon-musks-fortune-soars-36-billion-in-a-day-on-hertz-order#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/tanzania\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Elon Musk\u2019s Fortune Soars $36 Billion in a Day on Hertz Order\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/#website\",\"url\":\"https:\/\/www.africa-press.net\/tanzania\/\",\"name\":\"Tanzania\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/tanzania\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Elon Musk\u2019s Fortune Soars $36 Billion in a Day on Hertz Order - Tanzania","description":"Elon Musk\u2019s personal fortune jumped by $36.2 billion Monday after Hertz Global Holdings Inc. placed an order for 100,000 ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/tanzania\/all-news\/elon-musks-fortune-soars-36-billion-in-a-day-on-hertz-order","og_locale":"en_US","og_type":"article","og_title":"Elon Musk\u2019s Fortune Soars $36 Billion in a Day on Hertz Order","og_description":"Elon Musk\u2019s personal fortune jumped by $36.2 billion Monday after Hertz Global Holdings Inc. placed an order for 100,000 ...","og_url":"https:\/\/www.africa-press.net\/tanzania\/all-news\/elon-musks-fortune-soars-36-billion-in-a-day-on-hertz-order","og_site_name":"Tanzania","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2021-10-26T16:03:12+00:00","article_modified_time":"2021-10-26T16:07:42+00:00","og_image":[{"width":960,"height":640,"url":"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2021\/10\/img-61782789b5982.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/tanzania\/all-news\/elon-musks-fortune-soars-36-billion-in-a-day-on-hertz-order#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/tanzania\/all-news\/elon-musks-fortune-soars-36-billion-in-a-day-on-hertz-order"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/tanzania\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"Elon Musk\u2019s Fortune Soars $36 Billion in a Day on Hertz Order","datePublished":"2021-10-26T16:03:12+00:00","dateModified":"2021-10-26T16:07:42+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/tanzania\/all-news\/elon-musks-fortune-soars-36-billion-in-a-day-on-hertz-order"},"wordCount":425,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/tanzania\/all-news\/elon-musks-fortune-soars-36-billion-in-a-day-on-hertz-order#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2021\/10\/img-61782789b5982.jpg","keywords":["Africa Press","Africa Press-Tanzania","Elon Musk","Hertz","tanzania"],"articleSection":["all news","homepage-english","miscellaneous","twitter"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/tanzania\/all-news\/elon-musks-fortune-soars-36-billion-in-a-day-on-hertz-order#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/tanzania\/all-news\/elon-musks-fortune-soars-36-billion-in-a-day-on-hertz-order","url":"https:\/\/www.africa-press.net\/tanzania\/all-news\/elon-musks-fortune-soars-36-billion-in-a-day-on-hertz-order","name":"Elon Musk\u2019s Fortune Soars $36 Billion in a Day on Hertz Order - Tanzania","isPartOf":{"@id":"https:\/\/www.africa-press.net\/tanzania\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/tanzania\/all-news\/elon-musks-fortune-soars-36-billion-in-a-day-on-hertz-order#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/tanzania\/all-news\/elon-musks-fortune-soars-36-billion-in-a-day-on-hertz-order#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2021\/10\/img-61782789b5982.jpg","datePublished":"2021-10-26T16:03:12+00:00","dateModified":"2021-10-26T16:07:42+00:00","author":{"@id":"https:\/\/www.africa-press.net\/tanzania\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"Elon Musk\u2019s personal fortune jumped by $36.2 billion Monday after Hertz Global Holdings Inc. placed an order for 100,000 ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/tanzania\/all-news\/elon-musks-fortune-soars-36-billion-in-a-day-on-hertz-order#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/tanzania\/all-news\/elon-musks-fortune-soars-36-billion-in-a-day-on-hertz-order"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/tanzania\/all-news\/elon-musks-fortune-soars-36-billion-in-a-day-on-hertz-order#primaryimage","url":"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2021\/10\/img-61782789b5982.jpg","contentUrl":"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2021\/10\/img-61782789b5982.jpg","width":960,"height":640,"caption":"Elon Musk\u2019s Fortune Soars $36 Billion in a Day on Hertz Order"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/tanzania\/all-news\/elon-musks-fortune-soars-36-billion-in-a-day-on-hertz-order#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/tanzania\/"},{"@type":"ListItem","position":2,"name":"Elon Musk\u2019s Fortune Soars $36 Billion in a Day on Hertz Order"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/tanzania\/#website","url":"https:\/\/www.africa-press.net\/tanzania\/","name":"Tanzania","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/tanzania\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/tanzania\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/tanzania\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/tanzania\/wp-json\/wp\/v2\/posts\/39536","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/tanzania\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/tanzania\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/tanzania\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/tanzania\/wp-json\/wp\/v2\/comments?post=39536"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/tanzania\/wp-json\/wp\/v2\/posts\/39536\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/tanzania\/wp-json\/wp\/v2\/media\/39535"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/tanzania\/wp-json\/wp\/v2\/media?parent=39536"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/tanzania\/wp-json\/wp\/v2\/categories?post=39536"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/tanzania\/wp-json\/wp\/v2\/tags?post=39536"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}