Elon Musk has made history as the first person to reach a staggering $400 billion net worth, solidifying his position as the world’s richest individual and nearly doubling the fortune of Jeff Bezos, the second-wealthiest person,

Elon Musk has shattered financial records yet again, becoming the first person in history to achieve a net worth of $400 billion.

Tesla CEO Elon Musk's net worth crossed $400 billion on Thursday, the Forbes real-time billionaires list showed, boosted by a nearly 71% surge in the automaker's shares this year and the soaring valuation of his rocket company SpaceX.

This article is part of The D.C. Brief, TIME’s politics newsletter. Sign up here to get stories like this sent to your inbox.

According to Bloomberg's Billionaires Index, Musk's net worth has increased an incredible $218 billion this year. The jump is almost as high as second-place Jeff Bezos'

The tech billionaire was the largest donor in the 2024 election cycle. The value of his companies, Tesla and SpaceX, has soared since Donald Trump’s victory.

Elon Musk has reached a new milestone in terms of wealth. According to Bloomberg, the Tesla CEO’s net worth has climbed to 400 billion dollars, making him the first person to achieve this figure. Earlier this week,

Tesla CEO and SpaceX founder Elon Musk has achieved yet another milestone in his storied career, cementing his status as one of the wealthiest individuals in history. Musk’s total net worth soared to an astounding $447 billion on Wednesday,