The Unprecedented Gap Between Elon Musk And The World's Next Richest.
The soaring valuations of Tesla, SpaceX, and xAI boosted Elon Musk’s fortune to an estimated $421.2 billion as of December 31, 2024, up from $251 billion at the start of 2024. He’s the first person to ever be worth more than $300 billion (a milestone he briefly achieved in 2021), let alone $400 billion.
As a result, Musk ended the year a record $188 billion richer than the world’s next wealthiest person, Amazon’s Jeff Bezos, who was worth an estimated $233.5 billion when the ball dropped in New York City’s Times Square earlier this week. A representative for Musk has not replied to a request for comment from Forbes.
The record for the largest year-end lead between No. 1 and No. 2 richest more than doubled in 2024. Back in 2021—the previous record—Musk was worth $72 billion more than then-No. 2 Bernard Arnault.
The soaring valuations of Tesla, SpaceX, and xAI boosted Elon Musk’s fortune to an estimated $421.2 billion as of December 31, 2024, up from $251 billion at the start of 2024. He’s the first person to ever be worth more than $300 billion (a milestone he briefly achieved in 2021), let alone $400 billion.
As a result, Musk ended the year a record $188 billion richer than the world’s next wealthiest person, Amazon’s Jeff Bezos, who was worth an estimated $233.5 billion when the ball dropped in New York City’s Times Square earlier this week. A representative for Musk has not replied to a request for comment from Forbes.
The record for the largest year-end lead between No. 1 and No. 2 richest more than doubled in 2024. Back in 2021—the previous record—Musk was worth $72 billion more than then-No. 2 Bernard Arnault.