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Tesla's stock surge following Donald Trump's election win, coupled with the soaring valuation of Musk's AI company, xAI, contributed significantly to his wealth surge.
Elon Musk's net worth has skyrocketed to an all-time high of $347.8 billion following Donald Trump's 2024 election win.
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Despite shareholder approval, the decision stands, impacting Musk's access to the compensation while Tesla plans to appeal the ruling.
Elon Musk's net worth has reached an unprecedented $334.3 billion, making him the richest person in history.
Tesla's stock surge, fueled by Donald Trump's election win, contributed significantly to this increase.
Musk's close ties with Trump and anticipated deregulation under the new administration have boosted investor confidence in Tesla, particularly its self-driving technology.
Elon Musk spent over $274 million in the 2024 election, primarily backing Donald Trump's successful presidential bid.
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Musk's significant investment made him the largest donor of the cycle, surpassing all others, and secured him a prominent advisory role in the incoming Trump administration.
Top richest countries in the world: Microsoft, Apple, NVIDIA, Google, Amazon, Saudi Aramco, Meta, TSMC, Berkshire Hathaway, Eli Lilly dominate tech, e-commerce, oil, semiconductors, pharma sectors.
Leading US firms excel with diverse revenue streams, strategic investments, cloud computing, healthcare innovations.
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Market cap key metric.
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Tencent's Pony Ma is third, and Alibaba's Jack Ma saw a decline in his wealth.
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Meta CEO Mark Zuckerberg has become the world's second-richest person, surpassing Jeff Bezos with a net worth of $206.2 billion.
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The company's recovery strategy and ongoing investments in AI and augmented reality have bolstered investor confidence.
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Other top earners include Russell Wilson, Matthew Stafford, Kirk Cousins, and Deshaun Watson, all exceeding $100 million in net worth.
These players invest in luxury real estate, cars, and philanthropic endeavors.
The House of Saud is the world’s richest family with over $1.4 trillion.
Their wealth primarily comes from vast oil reserves.
Led by King Salman, the family's luxurious lifestyle includes grand palaces, extravagant yachts, private jets, and a valuable art collection.
The Al Sabah family of Kuwait and Qatar's House of Thani are also among the top wealthy families.egamings com 2024 explained Build Your Financial Future with Strategic Investments
