WENN

Tesla boss Elon Musk has passed philanthropist Bill Gates to become the world’s second-richest person.

Thanks to a surge in Tesla’s share price, Musk’s total net worth now stands at $127.9 billion according to Bloomberg’s Billionaires Index.

Musk takes the number two spot behind Jeff Bezos a week after passing Facebook founder Mark Zuckerberg for third place on the list.

New dad Musk is now $54 billion behind Amazon CEO Bezos.