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By far the richest man in the world: Elon Musk’s fortune is growing inexorably
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Entrepreneur Elon Musk has set a new record. According to analyses, his fortune temporarily climbed to more than $400 billion.
The richest man in the world is setting a new record: Elon Musk’s alleged net worth has exceeded $400 billion – making him the first person to reach such a milestone, according to Bloomberg. According to the report, Elon Musk’s fortune has increased to 440 billion dollars (around 419 billion euros).
SpaceX is helping Elon Musk reach new heights
The Tesla boss was recently pleased that the electric car manufacturer’s shares have increased. But he is also said to have benefited from his private share in SpaceX. The space company he founded apparently helped the businessman’s fortune grow by several billion. According to media reports, it has become the most valuable private startup in the world. Elon Musk reportedly owns 42 percent of the company’s shares.
Elon Musk: His companies, his family – the richest person in the world in pictures
Elon Musk was born in Pretoria in 1971 as the son of model Maye Musk and mechanical engineer Errol Musk. His father raised him with merciless harshness. The parents divorce early. Elon Musk is an introverted child and is subject to bullying. At the age of ten he taught himself to program, and just two years later he sold the first computer game he developed for $500. At the age of 17, he emigrated to Canada, where his mother originally came from, to avoid military service in South Africa. Soon afterwards he went to the USA, where he studied physics and economics at the University of Philadelphia. Elon Musk’s mother Maye shared the photo from the sandbox on Twitter and jokingly wrote: “Three-year-old Elon Musk: ‘I can build a truck that’s better than this one’.”
© Screenshot Maye Musk / Twitter
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Another billionaire index from Forbes currently estimates Elon Musk’s fortune at around $375 billion. Amazon founder Jeff Bezos (244 billion) is in second place and Oracle co-founder Larry Ellison (223 billion) is in third place.
Elon Musk on Donald Trump’s team
The alliance with US President-elect Donald Trump also helped to bring his companies to the fore. The entrepreneur had financially supported Trump’s election campaign. In the newly created “Department of Government Efficiency” (Doge), he and Vivek Ramaswamy will now restructure federal authorities for Trump.
Elon Musk, who was born in South Africa, is not only the CEO of Tesla and SpaceX and the owner of the online platform X. He is also the head of numerous other companies, including Neuralink, xAI and the Boring Company.
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Source: Stern

I’m a recent graduate of the University of Missouri with a degree in journalism. I started working as a news reporter for 24 Hours World about two years ago, and I’ve been writing articles ever since. My main focus is automotive news, but I’ve also written about politics, lifestyle, and entertainment.