Musk's fortune grows by $20.9bn, securing his place as world's richest man
Tesla (TSLA.O) closed up 14.75 per cent on Wednesday US time after Musk-backed Donald Trump took the US presidential election. Tesla's surge caused Musk, the company's founder and CEO, to see his fortune grow by $20.9 billion in a single day, bringing his total assets to $285.6 billion, well ahead of Jeff Bezos, who is ranked second on the world's richest list, data from Forbes' rich list showed.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Overview of Major Overnight Developments on December 11
a16z Crypto establishes its first office in South Korea
State Street and Galaxy to launch tokenized liquidity fund on Solana in 2026
Norwegian central bank temporarily halts progress on CBDC plan
Trending news
MoreCrypto prices
More
