Billionaire Tesla, SpaceX and X head Elon Musk saw his net worth spike to over $200 billion on Tuesday, taking back the title of world’s second-richest person from Amazon founder Jeff Bezos—though he still trails behind LVMH magnate Bernard Arnault, the world’s richest person. Billionaire Elon Musk’s net worth stands at nearly $200 million. 2024 Invision Key Takeaways Musk’s net worth stands at $201.
4 billion, the result of a $6.6 billion daily jolt driven in part by a surge in shares of his electric vehicle maker Tesla, which gained over 6% on the day, to over $186 per share. While Tesla shares have taken a tumble since hitting a peak over $400 in late 2021, the company’s shares have since rebounded, climbing nearly 30% over the past month, thanks partly to a reported agreement between Tesla and Chinese internet giant Baidu to bring the EVs to China.
Bezos, meanwhile, has lost an estimated $366 million on Tuesday, bringing his net worth to $201 billion on the heels of a slight dip in Amazon shares, dropping just over 1% on the day to roughly $181. Surprising Fact Musk, the billionaire head of Tesla, SpaceX, Neuralink and X (formerly Twitter) had stood in the first or second spot on Forbes’ real-time billionaire list from August 2021 to March 6, when Bezos knocked him down to third. Since then, Bezos and Musk have been entwined in a series of net worth flip-flops , with the billionaire duo taking the lead from one another on 13 separate occasions during the mont.
