Elon Musk the world’s richest person with a net worth of 348 billion dollars

In terms of personal wealth, Elon Musk, the CEO of Tesla, an electric vehicle maker, has broken previous records

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Elon Musk the world's richest person

Elon Musk the world’s richest person with a net worth of 348 billion dollars. In terms of personal wealth, Elon Musk, the CEO of Tesla, an electric vehicle maker, has broken previous records. He currently has $348 billion in net worth.

 

Elon Musk the world’s richest person….. Based on the Bloomberg Billionaires Index, The News International reported this on Monday, November 24.

Tesla’s stock price has been rising quickly since Donald Trump won the U.S. presidential election. Elon Musk has thus asserted his claim to be the richest person in history.

Tesla’s stock price has risen 40% since the day of the U.S. election. The stock price reached its highest level in more than three years last Friday, rising 3.8% to $352.56.

Musk’s wealth has risen by 70 billion dollars as a result, breaking his prior record. In November 2021, when his net worth reached 320.3 billion USD, he set his previous record.

Market investors are more confident now because of Musk’s close ties with Trump. Musk gave more than $100 million to Trump’s campaign fund after he declared his support for him.

Elon Musk will be appointed by Trump to head the “Department of Government Efficiency” during his presidency. Alongside Musk, biotechnology entrepreneur Vivek Ramaswamy will also work in this new department.

Initiatives like spacecraft manufacturing and artificial intelligence have contributed to Elon Musk’s fortune growth in addition to Tesla.

Second on the list of the world’s richest people, Larry Ellison, is 80 billion dollars poorer than Elon Musk, the richest person in the world. Larry Ellison is valued 235 billion dollars in total.

Elon Musk the world’s richest person

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