Elon Musk Becomes Wealthiest Person in History with $350 Billion Net Worth, Hits $348B and $347.8B

Nov 24, 2024, 04:16 PM

Elon Musk has become the wealthiest person in history, with his net worth reaching an unprecedented $350 billion. This milestone surpasses his previous record of $340.4 billion set in 2021. The significant increase in Musk's fortune is attributed to a surge in Tesla's stock, which has been fueled by Donald Trump's election win, and a $50 billion funding round for Musk's AI startup. As a result, Musk has overtaken Amazon founder Jeff Bezos, whose net worth stands at $219 billion, and Oracle CEO Larry Ellison, who has a net worth of $206 billion. Musk's net worth also hit $347.8 billion and $348 billion during this period.