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Elon Musk's fortune grows by 26 billion USD after Trump's victory in the US elections

14:4007.11.2024
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The fortune of American billionaire Elon Musk, founder of Tesla, increased by 26,5 billion USD (+10%) as shares of his electric car company rose. This happened after Republican Donald Trump won the US presidential election.

Tesla shares rose 15% to 289 USD a share after the election results were announced, according to Bloomberg data. That brought Musk's net worth to 290 billion USD, keeping him at the top of the Bloomberg Billionaires Index.

In second place in the ranking is Amazon founder Jeff Bezos, whose fortune grew by 3% to 228 billion USD against the backdrop of the US presidential elections. Also among the growth leaders are Oracle CEO Larry Ellison (+5,4%) and investor Warren Buffett (+5,4%).

It is important to note that Elon Musk actively supported Donald Trump during his election campaign and donated 119 million USD to finance it.

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