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Tesla and SpaceX CEO Elon Musk, 53, has reached overmuch than $400 cardinal successful nett worth, nan highest ever for an individual, per Bloomberg. This comes contempt a Delaware judge's determination past week to void Musk's $56 cardinal Tesla net package.
Several factors personification helped nan world's richest personification scope nan feat.
On Wednesday, SpaceX and its investors agreed to acquisition $1.25 cardinal of shares from labour and different insiders astatine nan privately held company, which led to Musk's nett worthy expanding by $50 billion. Tesla's banal is up astir 65% since conscionable earlier nan predetermination pinch Musk's domiciled astatine nan soon-to-be-created Department of Government Efficiency (DOGE) connected investor's minds.
Related: Want to Work for DOGE? Elon Musk Is Looking for 'Super High-IQ' Hires — But There's a Catch
Then there's Musk's artificial intelligence startup, xAI, which has seen its worthy overmuch than double since May to $50 billion, Bloomberg reported.
This each led to Musk's afloat nett worthy hitting $439.2 cardinal Wednesday, according to nan Bloomberg Billionaires Index.
Amazon laminitis Jeff Bezos and Facebook laminitis Mark Zuckerberg person been flip-flopping successful nan No. 2 and No. 3 spots for immoderate time. Bezos is presently 2nd pinch $244 cardinal while Zuckerberg is astatine $219.