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Charged up tycoons: Elon Musk's $139 bn fortune is one of many in EV biz

Overall, fortunes of the handful of people tracked by the Bloomberg index in the EV industry have increased by more than $140 billion -- including Musk's $111 billion surge.

Elon Musk, founder of SpaceX and chief executive officer of Tesla Inc., arrives at the Axel Springer Award ceremony in Berlin, Germany, on Tuesday, Dec. 1, 2020. (Photo: Bloomberg)
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Elon Musk, founder of SpaceX and chief executive officer of Tesla Inc., arrives at the Axel Springer Award ceremony in Berlin, Germany, on Tuesday, Dec. 1, 2020. (Photo: Bloomberg)

Ben Stupples and Venus Feng | Bloomberg
Elon Musk’s dizzying ascent in 2020 hit a new peak this week as he’s about to become the head of an S&P 500 Index company. That’s just days after surging to the second-richest person on the planet with a $139 billion fortune.
 
But the Tesla Inc. chief executive officer isn’t the only electric-vehicle entrepreneur to have turned fabulously wealthy this year. Some rivals are growing their net worths at an even quicker rate, according to the Bloomberg Billionaires Index.

Nio Inc. founder William Li has gotten 12 times richer in 2020 through his holding in the US-listed carmaker, the

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