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musk

ifeng.com technology news beijing time on september 27, after a difficult start to the year, tesla ceo elon musk was once again proud. his net worth increased by more than 10% from the trough in april this year. 100 billion us dollars (approximately 701.4 billion yuan).

the bloomberg billionaires index shows that at the end of april this year, musk’s net worth dropped to $164 billion from $229 billion in january. during that time, tesla's stock price fell by more than 40%, reducing his wealth by $65 billion.

now, however, tesla shares have soared more than 80% from their april lows, boosting musk's wealth by more than $100 billion to $270 billion at wednesday's close, including gains since august 7 of this year. of nearly $50 billion. as of august 7, musk’s wealth was approximately $223 billion.

this major rebound means that musk has transformed from "the world's biggest wealth loser" in april to the person with the fourth largest wealth increase, with a cumulative increase of us$41 billion so far this year. on the bloomberg billionaires list, only meta ceo mark zuckerberg, nvidia ceo jensen huang and oracle co-founder larry ellison have increased their wealth. more than musk.

musk is easily the world's richest man with a net worth of $270 billion, and his wealth exceeds the market value of some corporate giants, including salesforce ($262 billion), pepsico ($233 billion) and mcdonald's ($216 billion). amazon founder jeff bezos and zuckerberg ranked second and third, with net assets of us$215 billion and us$202 billion respectively, still some distance away from musk.

it's worth noting that musk was much richer in the past than he is now. in november 2021, his net worth reached an astonishing us$340 billion. however, tesla's stock price subsequently fell by nearly 40%, leaving musk's wealth approximately $70 billion less than at its peak. (author/xiao yu)

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