After the victory of Republican candidate and former President Donald Trump in the US elections, the net worth of his biggest supporter Elon Musk increased by about Rs 2.27 lakh crore.
A day before the elections (November 5), Musk's net worth was Rs 22.31 lakh crore, which increased to Rs 24.58 lakh crore a day after the results i.e. on November 7.
Tesla, Space
Gave $119 billion to Musk's election campaign
Musk spent $119 billion (about Rs 10 lakh crore) in Trump's election campaign and campaigned and promoted in his support on his social media platform X.
According to the Bloomberg Billionaires Index, after the rise in Musk's company's shares after the election results, his net worth increased by $ 26.5 billion to reach $ 290 billion.
Tesla shares rose 22% in four days
Tesla shares rose 3% on November 8 and closed at 296.95. It had closed at the level of $242.84 on November 4, a day before the elections. Since then it has gained more than 21.92%. On November 7, it had reached the level of 288.53. On November 6, it closed at $288.53, up 18.81%.
Elon Musk is the richest person in the world
Elon Musk is the richest person in the world. According to Forbes Real Time Billionaire List, his net worth as of November 7 was Rs 24.58 lakh crore. There was a slight decline on November 8 and it came down to Rs 24.49 lakh crore.
After Musk, Amazon's Jeff Bezos is at second place in this list, his net worth is Rs 19.15 lakh crore. Oracle's Larry Ellison is at third place in the list and Meta's founder Mark Zuckerberg is at fourth place.
Musk's net worth increased 8 times between 2020 and 2024
Between 2015 and 2020, Elon Musk's net worth doubled from $12 billion to $24.60 billion. But after 2020, it increased by almost 8 times and in 2022 it reached $219 billion. The value of Musk's total assets in 2024 is $195 billion.
Graphics Source: VaskarAssets
