Elon Musk now richer than Jeff Bezos, Mark Zuckerberg and Jensen Huang, combined — he still has $69 billion to spare
Elon Musk has long been the richest person in the world, except for a few instances when leaders like Oracle’s Larry Ellison took him over. But it doesn’t look like these incidents will happen again anytime soon, as the tech CEO’s net worth reached a meteoric $600 billion on Monday, right after SpaceX’s IPO.
Accordingly Forbes Real Time BillionairesFollowing reports that his SpaceX venture will likely go public at a valuation of $800 billion, Elon Musk’s net worth has soared to over $684 billion, making him the first person in the world to achieve this goal.
Musk added a staggering $168 billion to his fortune in just one day on Monday and increased it by another $8 billion on Tuesday; His net worth currently stands at $684.2 billion.
More wealth than all of them combined
Elon Musk’s net worth has not only reached a historic high, but also made him richer than some of the world’s richest billionaires.
Tesla CEO is now richer than Jeff Bezos, Mark Zuckerberg and Jensen Huang combined.
Here’s a breakdown of billionaires’ wealth and how Elon Musk’s net worth compares to them. Forbes Real Time Billionaires list.
- Amazon founder Jeff Bezos has a net worth of $235.1 billion.
- Meta Platform CEO Mark Zuckerberg’s net worth is $225.3 billion.
- The total wealth of Jensen Huang, CEO of chip manufacturer Nvidia, is $154.4 billion.
In total, their wealth reaches 614.8 billion dollars. This means Elon Musk can spend and maintain his billionaire status even after combining the fortunes of Bezos, Zuckerberg, and Huang.
Jeff Bezos, Mark Zuckerberg, and Jensen Huang currently rank 4th, 6th, and 8th among the richest people in the world. Forbes list.
How did Elon Musk’s net worth reach $600 billion?
Elon Musk, who became the first person with a net worth to exceed $500 billion in October, owns an estimated 42% stake in SpaceX, which is preparing to go public next year.
Musk’s net worth also got a boost from his roughly 12% stake in Tesla, whose shares have risen 13% so far this year despite falling sales. It rose more than 3% on Tuesday after Musk said the company was testing robotaxi without safety monitors in the front passenger seat.
In November, Tesla shareholders approved a $1 trillion pay plan for Musk, the largest corporate pay package in history; Investors also approved of his vision to transform the electric vehicle maker into an artificial intelligence and robotics behemoth.
Additionally, according to a media report, artificial intelligence startup xAI is in advanced talks to raise $15 billion in new equity capital at a valuation of $230 billion. Reuters.
