Elon Musk's net worth tops $100 billion: Forbes

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(Reuters) - Silicon Valley entrepreneur Elon Musk's net worth topped $100 billion on Friday, according to the Forbes real-time billionaires list, as the shares of electric-car maker Tesla Inc <TSLA.O> see a more than five-fold surge in value this year.
A large chunk of his wealth comes from the 21% stake in Tesla, according to Forbes. Tesla shares, which went public at $17 a piece in 2010, rose as much as 3.5% in morning trade to a record high of $2,318.49.
The company became the world's most valuable carmaker by market capitalization on July 1 when it overtook front runner Toyota Motor Corp <7203.T> and has over the last 10 years made many of its retail investors millionaires.
Musk is now part of an elite club of just four others with twelve digit net worth. His nearly $100 billion, however, is just about half the net ...


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