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Net Worth of Elon Musk crosses $850 billion, Only 22 countries are richer than Him

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The Net worth of Elon Musk is more than several countries in the world. Only 22 countries in the world are richer than Elon Musk. Yes, you heard it right. The world’s richest person Elon Musk’s total wealth has crossed $850 billion (approximately ₹77 lakh crore ).

According to Forbes Billionaires Index, Musk’s current net worth is showing $852 billion. This is more than the combined wealth of India’s top 40 richest people.

His net worth increased by $84 billion (₹7 lakh crore) in one day. According to Forbes, Musk has now become the richest person in history.

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The gap between Musk and the world’s second richest person has now grown significantly. Google co-founder Larry Page is at second place with a net worth of $281 billion. Musk is $578 billion richer than him. At the rate his wealth is growing, he could soon become the world’s first ‘trillionaire’ (owner of $1,000 billion).

Top 15 Richest Persons in the world as per Forbes
Top 15 Richest Persons in the world as per Forbes

Countries richer than Elon Musk

22 countries in the world are richer than Elon Musk. The GDP of 22 countries in the world is as follows:

GDP of countries in world
GDP of countries in world
GDP of countries in world
GDP of countries in world

How did Elon Musk’s Wealth increase so rapidly?

The rapid increase in Musk’s wealth happened due to the merger of his rocket manufacturing company SpaceX and artificial intelligence startup xAI.

Musk’s rocket company SpaceX has acquired his AI company xAI. Previously, these two were separate companies. The total market value is estimated at $1.25 trillion (approximately ₹104 lakh crore).

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With this merger, the value of Musk’s stake increased by $84 billion overnight. Before the merger, Elon Musk owned 42% of SpaceX, which was valued at $336 billion.

He owned 49% stake in xAI which was worth $122 billion. After the merger, Musk’s stake in the new company has become 43%, which is valued at $542 billion.

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Hellobanker Team

Hellobanker.in is India's leading banking and finance news portal. Our expert team covers banking policies, RBI updates, financial markets, and investment insights.
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