After Donald Trump's election as president, Elon Musk continues to increase his wealth.

After Donald Trump's election as president, Elon Musk continues to increase his wealth.

23.11.2024 14:21

The biggest winner of the U.S. elections is Elon Musk, whose wealth has reached a record high. Musk's total net worth has risen to $348 billion. During the election process, Musk spent $130 million, and in the time since, he has earned $84 billion. Thus, the return on his election spending has been 646 times.

Elon Musk became one of the biggest winners of Donald Trump's election victory. Following the rally in Tesla's stock, Musk's wealth reached a record level. According to the Bloomberg Billionaires Index, Musk's fortune has risen to approximately $348 billion.

Musk, who is Trump's biggest supporter, donated more than $130 million during the campaign.

Musk's net worth has increased by $84 billion since the election. As of November 5, his total wealth was around $264 billion.

TESLA STOCKS INCREASED AGAIN

Musk's wealth was significantly impacted by the 3.8% increase in Tesla's shares yesterday. Additionally, the artificial intelligence venture xAI raised $5 billion in a funding round, increasing the company's value to $50 billion. Musk, the richest person in the world, saw his wealth increase by 119% this year.

SECOND JEFF BEZOS

In second place is Jeff Bezos, the founder of Amazon, with a net worth of $219 billion. According to analysts, expectations that Tesla could gain a privileged position following Trump's election as president have started to be bought.

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