The name of the man whose fortune exceeded $400 billion for the first time in history has been revealed

11.12.2024 22:04

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 .

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Photo: © TUT NEWS

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.

Dmitry Bobrov Author: Dmitry Bobrov Editor of Internet resources