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Approaching $350 billion, Musk's wealth refreshes historical record.
The latest Bloomberg Billionaires Index shows that Tesla CEO Elon Musk's net assets have reached an unprecedented $348 billion, with the recent significant growth attributed to Tesla's soaring stock price and a successful round of ai financing, pushing Musk's valuation of this ai startup to $50 billion. This surpasses his wealth record of $340.4 billion set in 2021. So far this year, Musk's net assets have increased by $118 billion, unprecedented, surpassing the second richest person, Amazon founder Jeff Bezos.
Weekend news: The total amount of usa national debt exceeds 36 trillion dollars. Anthropic receives another 4 billion dollar investment from amazon. Tesla and Rivian reach a conditional settlement.
For more global financial news, please visit 24/7 real-time financial news. Market review last week: The Dow rose over 400 points to a new high, with all three major stock indexes recording gains for the week. On November 22, the top 20 US stock turnover includes reports that Tesla is preparing for the Cybertruck to enter the Chinese market. Popular China concept stocks had mixed performance on Friday, with Wanxiang Reburn increasing by 9.2% and pdd holdings falling by 3.9%. US WTI crude oil rose 6.5% this week, escalating tensions between Russia and Ukraine driving up oil prices. Spot gold rose 5.7% in five days, regaining the $2,700 level. European stocks collectively closed higher, with the German DAX 30 index rising by 0.8%.
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