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

Despina Wilson, D.Litt.December 16, 2024

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

Elon Musk: $455 billion
Jeff Bezos: $246 billion
Mark Zuckerberg: $219 billion
Larry Ellison: $194 billion
Bernard Arnault: $180 billion
Larry Page: $169 billion
Bill Gates: $165 billion
Sergey Brin: $159 billion
Steve Ballmer: $155 billion
Warren Buffett: $143 billion

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Despina Wilson, D.Litt.

Despina Wilson, D.Litt. in Cultural Diplomacy and Journalism, is the Business News Editor at CEOWORLD Magazine, where she specializes in delivering strategic content at the intersection of international finance, executive positioning, and cross-cultural communication. Fluent in Spanish and English, Despina brings over 12 years of editorial and advisory experience across Latin America, the U.S., and Europe.

Before joining CEOWORLD magazine, she held senior editorial roles at finance publications in Mexico City and worked as a corporate communications advisor for multinational firms. Her writing explores macroeconomic shifts, emerging markets, corporate governance, and the PR strategies that shape public perception of top-tier companies and their leaders.

At CEOWORLD, Despina leads a multilingual editorial team that produces business content tailored for global executives navigating complex financial ecosystems. She holds a degree in Business Journalism and a certificate in Strategic Public Relations.

Despina is also a frequent speaker on Latin American investment trends, female leadership in finance, and corporate transparency. With a sharp editorial instinct and a passion for amplifying diverse perspectives, Gabriela ensures that CEOWORLD’s coverage remains forward-thinking, inclusive, and rooted in both analytical depth and brand insight.

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