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Approaching $350 billion, Musk's wealth hits a new record high in history.
The latest Bloomberg Billionaires Index shows that Tesla CEO Elon Musk's net assets have reached an unprecedented 348 billion dollars, with the recent surge attributed to Tesla's stock price soaring and a successful round of financing for xAI, which brought the valuation of Musk's ai startup to 50 billion dollars. This surpasses Musk's previous wealth record of 340.4 billion dollars set in 2021. So far this year, Musk's net assets have increased by 118 billion dollars, which is unprecedented, making his wealth greater than that of the second richest person, amazon founder Jeff Bezos.
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