elon musk net worth
Elon Musk shows no signs of stopping. Ever since Donald Trump won the US presidential election, Musk’s net worth has soared. Their wealth is increasing every day more than the total net worth of billionaires. According to Bloomberg Billionaires Index, Elon Musk’s net worth has crossed $300 billion. That means his net worth has become more than 3 times the wealth of Mukesh Ambani. For the first time in 3 years, Musk’s net worth has crossed $300 billion. Elon Musk had supported Donald Trump a lot during the elections. After Trump’s victory, investors are now buying Tesla shares in droves. On the day Trump won, Elon Musk’s net worth increased by $26.5 billion in a single day.
Why is Musk’s net worth increasing?
People hope that Donald Trump’s government will create a favorable environment for Musk’s businesses. Like Trump can ban self-driving Chinese electric vehicles. Seeing this, people are enthusiastically buying Tesla shares. The company’s shares have jumped 28 percent since Tuesday. Due to the increase in Tesla shares, Musk’s net worth increased by $ 17.4 billion on Friday and reached $ 314 billion. After Musk, the second richest person in the world is Amazon founder Jeff Bezos, whose net worth is $230 billion.
Decline in Adani-Ambani’s net worth
The net worth of India’s two richest people declined on Friday. The net worth of Reliance Industries Chairman Mukesh Ambani has fallen by $ 1.66 billion to $ 97.1 billion. At the same time, the net worth of Adani Group Chairman Gautam Adani has fallen by $ 1.33 billion to $ 92.3 billion.
Latest Business News
