Elon Musk Becomes the Richest Person in History with $347.8 Billion

Elon Musk, the richest person in the world, reached a record net worth of $347.8 billion on November 22. Thanks to his innovative spirit and strategic investments, we will explore, Musk has successfully pushed the boundaries that can occur in the business and technology world. Elon Musk breaks record with a wealth of 347.8 billion USD! Elon Musk, the biggest supporter of Dogecoin (DOGE), reached a record net worth of $347.8 billion on November 22. In just two weeks, his net worth has been increasing by nearly $1 billion per day, surpassing the previous high of $335 billion on November 12. Since the beginning of the year, his net worth has increased by 52%, equivalent to $119 billion. This remarkable growth is largely due to Tesla's outstanding performance in the stock market. Tesla (TSLA) stock has risen significantly, consolidating Musk's leading position in the electric vehicle industry. In addition, the recent fundraising round for xAI, his artificial intelligence startup, also contributed to the increase in Elon Musk's assets. The valuation of xAI at $50 billion reflects investors' confidence in the revolutionary potential of the company's AI field. Successful cooperation with Donald Trump The increase in Elon Musk's net worth may also be related to his strategic relationship with Donald Trump. By actively supporting Republican candidates and advocating for cryptocurrencies until he won the recent presidential election in the United States, Musk has strengthened his position and influence. This is especially evident when Elon Musk's assets increased by an additional $20 billion immediately after Donald Trump's victory, further solidifying his position as a global business leader. In summary, Elon Musk's record net worth of $347.8 billion reflects his continuous success and increasing influence. By pushing the boundaries of innovation and diversifying his business operations, Musk continues to dominate the business and technology world, inspiring trust and admiration from investors.