Elon Musk overtakes Mark Zuckerberg to become the third-richest person in the world, according to the Bloomberg Billionaires Index.

The South African, Tesla founder is now worth $115.4 billion, beating Zuckerberg’s $110.8 billion, as shares in the electric vehicle behemoth continued their rally early this week after undergoing a forward stock split.

His net worth grew by $87.8 billion this year as shares of Tesla, now with a $464 billion market value, soared almost 500%. Amazon’s Jeff Bezos is still the world’s richest person, worth more than $200 billion.