This is an archive article published on December 13, 2024
Elon Musk makes history by being the first to achieve a $400B net worth: Full list of his businesses
Musk's net worth increased by $58 billion on Wednesday when Forbes confirmed that SpaceX and its investors agreed to buy back executives' shares in a deal valued at $350 billion, as originally reported by Bloomberg.
Tesla is no longer positioning itself primarily as a carmaker. Musk is steering it toward becoming an AI and robotics company, focused on robotaxis and humanoid machines rather than affordable electric vehicles (File)
Elon Musk, the richest person in the world, has made headlines once more, becoming the first person in history to have a net worth surpassing $400 billion, according to the Bloomberg Billionaires Index.
The Bloomberg Billionaires Index estimates Musk’s current net worth at $447 billion, representing a significant gain since the US presidential elections last month.
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Following Musk, Amazon’s founder, Jeff Bezos, is the second richest with a net worth of $249 billion, followed by Mark Zuckerberg in third place with $224 billion.
Larry Ellison is fourth with $198 billion, while Bernard Arnault rounds out the top five with $181 billion.
According to Forbes, his assets—the most significant of which are Tesla, SpaceX, and xAI—are now projected to be worth $428 billion as of 2 p.m. Wednesday,
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Musk’s net worth increased by $58 billion on Wednesday when Forbes confirmed that SpaceX and its investors agreed to buy back executives’ shares in a deal valued at $350 billion, as originally reported by Bloomberg.
At that figure, Musk’s estimated 42% share is worth $147 billion, up more than 60% from SpaceX’s previous tender offer, which valued the business at $210 billion earlier this year.
Notably, the new valuation makes SpaceX the world’s most valuable private firm, surpassing TikTok parent ByteDance, ChatGPT developer OpenAI, and payments behemoth Stripe.
Full list of businesses owned by Elon Musk:
Elon Musk co-founded seven companies, including Tesla, SpaceX, and xAI. Additionally, in 2022, Musk paid $44 billion for Twitter, which he renamed X.
Tesla is no longer positioning itself primarily as a carmaker. Musk is steering it toward becoming an AI and robotics company, focused on robotaxis and humanoid machines rather than affordable electric vehicles (File) 
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