The billionaire, who became the first person to achieve $400 billion in net worth, has been able to get a new title.
President-elect Donald Trump’s victory last month, an insider sale of Musk’s privately held SpaceX that increased his net worth by about $50 billion, and the rise in Tesla Inc.
Shares that increased his wealth to an astounding $447 billion are some of the factors that have accelerated the 58-year-old’s wealth, according to the Bloomberg Index.
According to the publication, Musk has not only surpassed $400 billion in net worth, but he also owns the record for the largest wealth surge in a single day, with $62.8 billion.
In light of this, the publication claims that he has contributed to the aggregate wealth of the top 500 individuals in the world surpassing $10 trillion.
