According to TechFlow news, on November 25, the latest Bloomberg Billionaires Index indicates that Tesla CEO Elon Musk's net worth has reached $348 billion, surpassing his record of $340.4 billion set in 2021. So far this year, Musk's wealth has increased by $118 billion, leading the second richest person, Amazon founder Jeff Bezos, by $129 billion.
This surge in wealth is mainly due to the increase in Tesla's stock price, which closed at $352.56 last Friday, as well as the completion of a new funding round by its artificial intelligence company xAI, with a valuation of $50 billion.