Musk created history, his wealth crossed $350 billion for the first time

Elon Musk Net Worth: The world's richest businessman Elon Musk has created a new history, which was like a dream for any other businessman. His total wealth has now crossed $350 billion, which is a historic milestone. This is the first time that the wealth of a billionaire has crossed this historic figure. According to data from the Bloomberg Billionaires Index, Elon Musk's net worth has increased by more than $10 billion in the last few days. This growth is so fast that his wealth has reached an all-time high.

Elon Musk's growing wealth: $124 billion increase

The special thing is that so far in 2024, Elon Musk's net worth has increased by $124 billion, which is about 54 percent more. This increase has happened in the last few months, especially since November 5, since when his total net worth has seen an increase of $89 billion. On November 5, Elon Musk's net worth was $264 billion, and now he has reached the historic figure of $353 billion.

Tesla's shares rise tremendously

One of the main reasons for the increase in Elon Musk's wealth is the bumper increase in the shares of his company, Tesla. Since November 4, Tesla's shares have seen an increase of more than 47 percent. On November 4, Tesla's shares were trading at $242.84, which has now increased to $357.09. On Monday itself, the company's stock rose by 3.46 percent, taking it to an even higher level. So far this year, Tesla has given investors a return of 43.74 percent, which is a great figure.

New standards of wealth: Musk moving towards $400 billion

Experts believe that if Elon Musk's wealth continues to grow at this pace, then by the end of this year he can also cross the $400 billion mark. This will be another unprecedented milestone in the business history of the whole world. For the first time in November 2021, he crossed the $ 300 billion mark, and now in November 2024, this figure has reached $ 353 billion. His growing wealth has surprised the whole world and proved that Elon Musk, who is already a leading name in the field of technology and space, is now making great records in the financial world as well.

Beginning of a new era

With this growth, Elon Musk has set a new business benchmark not only for his company Tesla but for the whole world. His journey of success has not only been beneficial for his investors, but it is also an inspiration for upcoming businessmen that if work is done in the right direction, then there is no limit to success.

Elon Musk's name has now emerged not only as a businessman but also as an icon. His hard work, vision and ability to take risks have taken him to a position that was not possible for anyone to imagine before. His success story has become an inspiration for generations to come, and looking at this pace, it seems that in the future too, Elon Musk's name will be recorded on even higher mountains.