Elon Musk built a commercial rocket company from scratch and upended the auto industry as a high-profile evangelist for electric cars.
He is now the richest person in the world.
Musk’s net worth reached $400 billion in December 2024, according to Bloomberg, making him the first person ever to cross that mark.
Since the aftermath of the 2024 US presidential election, Musk has enjoyed a huge surge in his personal wealth. An alliance with President-elect Donald Trump has pushed his ventures to the forefront. He and Vivek Ramaswamy will also oversee a new “Department of Government Efficiency” in Trump’s second administration.
Musk is the chief executive of Tesla and SpaceX, as well as the owner of the social media platform X, formerly known as Twitter. He is also CEO of other ventures, including Neuralink, xAI and the Boring Company.
Musk has been a risk-taker throughout his career. After making a dot-com fortune in the late 1990s and early 2000s, he bet it all on long-shot startups that have paid off.
"When something is important enough, you do it even if the odds are not in your favor," he once said.












































