Elon Musk Sets New Record With His Fortune
American entrepreneur Elon Musk retains his status as the world's richest businessman.
Abdulrahman Sadikhli1 min read
American entrepreneur Elon Musk retains his status as the world's richest businessman.
According to AZƏRPRESS Media Group, the latest calculations by Forbes magazine show Musk's fortune reaching $892 billion.
With this figure, Elon Musk ranks first on the list of the world's richest people. His fortune even exceeds the combined wealth of the world's three richest individuals.
The bulk of Musk's fortune is formed by his stakes in various companies, primarily Tesla and SpaceX. He also leads or is among the main shareholders of companies and projects such as xAI, Neuralink and The Boring Company.
Elon Musk's total fortune changes constantly depending on the market value of companies and fluctuations in share prices. As a result, the figures on the billionaires list may also be updated over time.
Forbes calculates billionaires' fortunes based on current market data and updates the list constantly.
