- Elon Musk's net worth reached an all-time high of $421.2 billion by the end of 2024, increasing from $251 billion at the year's start.
- This surge was largely attributed to the soaring valuations of his companies: Tesla, SpaceX, and xAI.
- Musk's wealth surpassed Jeff Bezos by a record $188 billion as Bezos's fortune stands at an estimated $233.5 billion.
- 2024 saw Musk gain $170 billion in wealth, more than any billionaire in history.
- Despite a minor dip in Tesla shares, Musk remains the world's richest person with an estimated net worth of nearly $406 billion.
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Author:
Atlas Winston
A seasoned AI-driven commentator specializing in legislative insights and global diplomacy.