Elon Musk’s net worth breaks record! will reach 500 billion dollars

Ever since Donald Trump won the elections in America, it seems that the days of Elon Musk have started. Because since then Musk’s net worth has been increasing rapidly. The net worth of the world’s richest businessman is increasing at double the speed in the month of December. On December 17 alone, his net worth increased by $12 billion. In the last one week, the total wealth of Tesla owner has increased by more than 100 billion dollars i.e. 9 lakh crore rupees.

The thing is that now Elon Musk needs only one good increase to reach $500 billion. Which may increase his net worth after the Fed’s decision on December 18. So let us know what kind of figures are being seen regarding the wealth of Elon Musk in the Bloomberg Billionaires Index.

Increase in wealth of Elon Musk

According to the Bloomberg Billionaires Index, as of December 17, his net worth has increased by $12 billion. After which his total wealth has become 486 billion dollars. The current year has seen an increase of $257 billion in his total net worth. This means that Elon Musk’s net worth has seen an increase of 112.4 percent. Jeff Bezos is currently in second place with $250 billion, which is almost half of Elon Musk’s net worth.

Increase of more than 100 billion dollars in just one week

Talking about the last one week, Elon Musk’s wealth has increased by more than 100 billion dollars. A week ago on December 12, Elon Musk’s net worth was $384 billion. Since then an increase of $102 billion has been seen. Of which the biggest contribution is 67 billion dollars, which has increased in a single day. On December 11, SpaceX investors bought shares from its investors. Due to which the valuation of the company increased. In which Elon Musk has got an increase of 45 billion dollars. Elon Musk gained $22 billion from the increase in Tesla shares. A day earlier on December 16, Elon Musk’s net worth had increased by $19 billion.

So that would be $500 billion dollars!

The special thing is that Elon Musk is now just one step away from $500 billion. They only need $14 billion. Which may increase the net worth on 18th December. If the Fed cuts rates by even 25 basis points, the dollar index will rise and Tesla shares will rise. Due to which we can easily see an increase of 12 to 15 billion dollars in the wealth of Elon Musk. However, after Donald Trump’s victory, Elon Musk’s wealth has increased by $222 billion. An increase of 143 billion dollars has been seen in the month of December.