Bloomberg Billionaires Index or a similar reputable financial index

Elon Musk Becomes First Person to Exceed $400 Billion Net Worth as Tesla Hits New Record

Dec 11, 2024, 04:43 PM

Elon Musk has become the first person in history to surpass a net worth of $400 billion, according to Bloomberg. This milestone coincides with Tesla Inc.'s shares gaining 3.5% to reach a new intraday record, marking the first time since 2021 that the company's stock has hit such heights. Musk's wealth has been propelled by his significant stake in Tesla, which continues to perform strongly in the market.