Musk’s Net Worth Nearly $450 Billion as Tesla Stock Jumps

Tesla shares hit its highest price on Wednesday, breaking a previous record set in 2021.

Elon Musk in Washington, on Nov. 13, 2024. Andrew Harnik/Getty Images

Industrialist Elon Musk has seen his wealth surge over the past few weeks in tandem with the rising share price of Tesla, placing him further above on the wealthiest list.

As of Dec. 11, Musk’s net worth stood at $447 billion, according to data from the Bloomberg Billionaires Index. His wealth is more than 79 percent higher than the second-richest man, Amazon founder Jeff Bezos with a net worth of $249 billion.