In recent months, Elon Musk’s riches have apparently declined, with his net worth reportedly falling $116,000,000,000 from its high. Despite this, he continues to be the wealthiest man in the world by.
A wide margin. Elon Musk was undoubtedly very wealthy, but when Donald Trump won the US election in November, his wealth skyrocketed to previously unheard-of levels.
In the months leading up to his election, Musk was a strong supporter and close friend of Trump, and he benefited immensely from.
This relationship as the market projected that his firms would flourish as a result of more backing and laxer regulations.
Between the end of October and the middle of December, the price of Tesla’s shares more than quadrupled, and a tender offer revealed.
