The name of the man whose fortune exceeded $400 billion for the first time in history has been revealed
Elon Musk has solidified his lead on his way to a trillion-dollar fortune.
The American businessman not only updated his personal achievement, but also set a new world record.
At the end of 2024, the first person on the planet with a fortune exceeding $400 billion appeared, writes Bloomberg .
Musk's total net worth reached $439.2 billion.
As the agency notes, the businessman managed to strengthen his financial status by $50 billion at once due to the success of his space company SpaceX.
It was recognized as the most valuable startup in history. The company was valued at $350 billion due to the attraction of new investors.
Musk also owns the car company Tesla and is developing a number of other technology businesses.
The entrepreneur makes most of his money through contracts with the US government.
Donald Trump's presidency could make Musk even richer, analysts say.
