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Elon Musk is worth a record $648 billion — and his wealth gain this year exceeds Bernard Arnault's entire fortune [Yahoo! Finance]
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US:NASDAQ Investor Relations: ir.tesla.com
Musk has gained an unrivaled $216 billion this year, more than Bernard Arnault's net worth. Elon Musk's net worth has surged to a record $648 billion — and his wealth gain this year exceeds LVMH CEO Bernard Arnault's entire $205 billion fortune, the Bloomberg Billionaires Index shows. The Tesla and SpaceX CEO's wealth has jumped by $178 billion in just two days, boosting his year-to-date gain to an unmatched $216 billion. If that figure were his entire fortune, he would rank sixth on the rich list — ahead of not just Arnault but also former Microsoft CEO Steve Ballmer and Nvidia CEO Jensen Huang. Musk's record wealth partly reflects Tesla stock closing at an all-time high of $490 on Tuesday, as investors cheered news that the EV maker is testing driverless robotoxis on Austin, Texas streets. Musk holds a roughly 12% stake in Tesla, valued at around $200 billion. But the bigger driver of his wealth surge this week has been SpaceX's valuation reportedly doubling since the sum
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