Elon Musk’s net worth is now over $455 billion, he gained $200 billion this year.

Tesla CEO Elon Musk’s net worth has surged beyond $455 billion, driven by an impressive nearly 71% increase in the automaker’s stock this year, along with the skyrocketing valuation of SpaceX. As Tesla’s largest shareholder, Musk commands a substantial 13% stake in the company, reinforcing his significant influence in the industry. Moreover, he is at the helm of Neuralink, a cutting-edge brain technology startup. Both SpaceX and Neuralink thrive under government regulations and policies, positioning them to capitalize on a business-friendly administration.

South African-born Elon Musk has officially become the first individual to exceed a net worth of $400 billion. Since the presidential election on November 5, Musk’s wealth has skyrocketed, largely due to President-elect Donald Trump’s victory. Tesla shareholders are confident that Musk’s strategic financial support for Trump will pay off through favorable federal policies that will benefit the electric vehicle industry.

Musk is a strategic player, having invested over a quarter of a billion dollars to bolster Trump’s election efforts. He also owns the influential social media platform X and the innovative tunnel construction firm The Boring Company. In the billionaire rankings, Musk stands at the top, followed by Amazon founder Jeff Bezos with a net worth of $246 billion, and Mark Zuckerberg in third place with $219 billion.

Top 10 richest people in the world

1. Elon Musk: $455 billion
2. Jeff Bezos: $246 billion
3. Mark Zuckerberg: $219 billion
4. Larry Ellison: $194 billion
5. Bernard Arnault: $180 billion
6. Larry Page: $169 billion
7. Bill Gates: $165 billion
8. Sergey Brin: $159 billion
9. Steve Ballmer: $155 billion
10. Warren Buffett: $143 billion

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