Elon Musk is now the seventh richest person in the world.
S3 said in a report Thursday that both Tesla and Nikola Corp. shares look like candidates for a short squeeze, referring to when short sellers are forced by a stock's gain to close their position, which in turn drives the price even higher. Likewise surpassing Buffet were former Microsoft Corporation CEO Steve Ballmer and Google co-founder Larry Page.
"We are in irrational exuberance-this is a bubble", he said on Friday.
At the same time, Buffet, who is planning to give away a big share of his wealth to charity, donated almost $3 billion worth of Berkshire Hathaway stock to philanthropic ventures. "That's a classic speculative bubble".
In fact, according toBloomberg, Buffett has given away $37 billion (£29.3 billion) worth of stock since 2006.
Musk earned $595.3 million in 2019, about four times higher than Cook.
As far as Apple's CEO competitors from the tech industry are concerned, the closest in the new charts published by Bloomberg is Intel CEO Robert Swan with $99 million previous year, followed by Alphabet's Sundai Pichai with over $86 million.
His space manufacturing and tourism company, SpaceX, became the first private space firm to send astronauts into orbit on May 30. "If you organise people in a better way to produce products and services that are better than existed before, and you have some ownership in that company then that essentially gives you the right to allocate more capital".
According to the CEO, this will just be the start.
Amazon tells workers to delete TikTok over security risks
Meanwhile, federal regulators as well as Congress are pursuing antitrust investigations at Amazon as well as other tech giants. The US government is also considering blocking TikTok , partly because the app's company parent, Bytedance, is based in China.