Tesla’s 3rd Largest Individual Shareholder Now Owns 6.6 Million Shares

Tesla’s third-largest individual shareholder, Lee Koguan, announced on Thursday afternoon he now owns 6,697,411 shares of the company, after buying 194,500 more shares over the past two weeks.

With shares of Tesla currently trading at $1,071 per share, that makes Koguan’s accumulation of stock to be worth a staggering $7.17 billion.

“Tesla bulls, I bought additional 194,500 physical shares in the last two weeks. Now I have actual 6,697,411 physical shares of Tesla,” explained Koguan. “Hopefully, I will have 7.3 million by January 2022 and 8 million physical shares of Tesla in December 2022. I commit therefore I am,” added the philanthropist.

In a recent interview with Dave Lee, Koguan said he’s trying to create a $100 billion endowment to donate his fortune to charity. “All my money in the end will go to charity,” says Koguan, noting he believes in Elon Musk and Tesla.