Elon Musk Becomes First Person to Reach $400 billion Net Worth
Elon Musk has become the first person to reach $400 billion in net worth, according to a report from Bloomberg’s Billionaires Index. The world’s richest man has seen his net worth rise by 66% since Donald Trump’s victory in the 2024 US election. JUST IN: Elon Musk becomes first person to surpass $400 billion net worth. — Watcher.Guru (@WatcherGuru) December 11, 2024 The most recent catalyst to Musk’s fortune was an insider share sale of his privately held SpaceX. The sale boosted the head of Trump’s DOGE department’s net worth by roughly $50 billion to $439.2 billion. Since late 2022, Elon Musk’s fortune has grown massively, seeing him dethrone significant players in business with his net worth. After Trump’s election win last month, this surge only got steeper, with Musk playing as one of the president-elect’s biggest supporters financially and on the campaign trail. As a token of appreciation, Trump appointed Musk to his Department of Government Eff...