Elon Musk Net Worth / In December, Elon Musk earned 80.43 lakhs every second, this is how much wealth he had

The net worth of the world's richest businessman Elon Musk is increasing tremendously. In December, his wealth increased by $131 billion, which increased by Rs 80.43 lakh per second. On December 16, Musk's total net worth reached $474 billion, which may soon cross $500 billion.

Elon Musk Net Worth: The wealth of the world's richest man Elon Musk is once again seeing a tremendous increase. According to the latest data from the Bloomberg Billionaires Index, on December 16, 2024, Elon Musk's net worth increased by a whopping $19.2 billion. This boom has continued throughout the month of December and in just 16 days of December, his wealth has increased by $131 billion (about Rs 11.11 lakh crore).

Networth figures

Elon Musk's total net worth has now reached the level of $474 billion and it is expected that it may soon cross the $500 billion mark. In the current year itself, his wealth has increased by $245 billion. These figures are making him even stronger as the richest businessman in the world.

Record breaking increase in December

Talking about the month of December only:

Increase in net worth: $131 billion (about Rs 11.11 lakh crore)

Increase every day: Rs 70,000 crore

Increase every hour: Rs 2,900 crore

Increase every minute: Rs 48 crore

Increase every second: Rs 80.43 lakh

These figures show that the speed at which Elon Musk's wealth is increasing reflects the growing dominance of Musk's companies in the global market and the trust of investors.

Effect of Donald Trump's victory

According to experts, since Donald Trump's victory in the US presidential election, there has been a continuous increase in Elon Musk's wealth. After Trump's victory, investor confidence has increased and the value of technology companies has increased. Elon Musk's companies, especially Tesla and SpaceX, have benefited the most from this.

$210 billion increase in 16 days

Musk's total net worth was $343 billion at the end of November 2024, but his wealth increased by $131 billion in December. Apart from this, Musk's wealth has increased by a total of $210 billion since the beginning of December.

Reasons behind the increase in Elon Musk's wealth

Tesla stock boom: The surge in the price of Tesla shares played an important role in increasing Musk's net worth.

SpaceX valuation: Musk's wealth has increased significantly due to the increase in SpaceX's market valuation.

Donald Trump's victory: The change in American politics strengthened the positive sentiment in the market and investor confidence.

Will it cross the $500 billion mark soon?

Looking at the current trend, it can be said that Elon Musk's net worth may soon cross the $500 billion mark. This will further strengthen him as the richest person in the history of the world.

Conclusion

This historic increase in Elon Musk's wealth is not only a result of his business acumen and innovation, but it is also a proof of his dominance in the global market. The increase of Rs 80.43 lakh every second shows that investors' confidence in Musk's companies is at an unprecedented height. If this pace continues, Musk will soon become the first person to join the $500 billion club.