Musk's Wealth Surpasses $300 Billion for the First Time Among Global Billionaires... "More Than Finland and Vietnam's GDP"

Elon Musk, CEO of Tesla [Photo by Yonhap News]

[Asia Economy Reporter Donghyun Choi] Elon Musk, CEO of Tesla, has become the first billionaire in the world to reach a net worth of $300 billion.

According to Bloomberg on the 29th (local time), Musk's net worth reached $302 billion (?353.6 trillion).

Musk's wealth rapidly increased as Tesla's stock price surpassed $1,000. Tesla's stock closed at $1,114, up 3.43% from the previous session on the New York Stock Exchange that day. Thanks to this, Musk's net worth increased by $9.79 billion (?11.46 trillion) in just one day.

The wealth gap between Musk and Jeff Bezos, founder of Amazon and the second richest person with a net worth of $199 billion, widened to $103 billion (?120.6 trillion).

CBS reported, "Musk is the first person on Earth to reach the $300 billion net worth milestone," adding, "His wealth exceeds the annual GDP of Finland, Chile, and Vietnam."

This content was produced with the assistance of AI translation services.