Billionaires
Elon Musk’s Net Worth Tops $400 Billion, a Historic First
- Musk’s fortune has increased by 77% since Trump’s victory
- Wealth of the world’s 500 richest now exceeds $10 trillion
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Elon Musk, whose wealth has been turbocharged since President-elect Donald Trump’s win last month, became the first person to reach $400 billion in net worth, the latest milestone for the world’s richest individual.
The most recent catalyst was an insider share sale of his privately held SpaceX, which boosted Musk’s net worth by roughly $50 billion, according to the Bloomberg Billionaires Index. Tesla Inc. shares also rallied to an all-time high Wednesday, pushing Musk’s fortune to $447 billion.