The continuous increase in the wealth of Elon Musk is proof that now his business seems to be back on track. After buying Twitter, there was a steady decline in his wealth.
A few days ago, Elon Musk became the richest businessman in the world, now he has crossed that magical figure, on which he was about 200 days ago. Yes, Elon Musk's wealth has crossed $200 billion. His wealth on this figure was last on 1 November. After that there has been a continuous decline in his wealth. At the same time, his wealth has increased by $ 78 billion in 5 months. Everyone in the world is surprised to see the strike rate of this wealth increase. No one had expected, the way his wealth had declined after buying Twitter, he would be able to recover so quickly.
Crosses $200 billion after 200 days
The continuous increase in the wealth of Elon Musk is proof that now his business seems to be back on track. After buying Twitter, there was a steady decline in his wealth. In the last days of October, Twitter was taken over and on November 1, Elon Musk's net worth was $ 204 billion. Since then, due to continuous decline, he could never even come close to this figure. Now more than 200 days later, Elon Musk's total wealth has reached $ 202 billion.
Everyone was surprised to see Musk's speed
Everyone is surprised to see the speed of increase in Musk's wealth. According to the data of Bloomberg Billionaires Index, his net worth has increased by $ 65.1 billion in the current year. Which is the highest from any billionaire in the world. At the same time, on January 5, his total wealth was $ 124 billion. Which was the lowest in the year 2023. While on June 5, his total wealth has reached $ 202 billion. This means that since then till now it has seen an increase of $ 78 billion. This means that every person in the world is surprised to see the strike rate of increasing wealth.
How is wealth increasing?
This year, there has been a tremendous increase in Tesla's shares. If we talk about Monday only, then a growth of 3 percent has been seen. In the last one month, the company's stock has increased by more than 48 percent. Tesla's stock has increased by 104 percent in the current year. It is clear that due to the continuous increase in Tesla's shares, there has been a rocket-like increase in the wealth of Elon Musk. By the way, Tesla's stock is currently closed at $ 220.52.
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