Wednesday, 28 February, 2024


Elon Musk Has More Wealth Than Mukesh Ambani And Gautam Adani Combined: Bloomberg Data

Elon Musk, the enigmatic CEO of X (formerly Twitter), claimed the title of the richest person globally, as reported by the Bloomberg Billionaire's Index on January 30, 2024.

Edited By : Saurav Gupta | Updated: Feb 4, 2024 11:47 IST
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Elon Musk
Elon Musk

Elon Musk, the multifaceted CEO of X (formerly Twitter) and renowned entrepreneur behind SpaceX and Tesla, has ascended to the top of the global wealth ladder. According to the Bloomberg Billionaire’s Index on January 30, 2024, Musk officially claimed the title of the world’s richest person, with a staggering net worth. This achievement marks another milestone in Musk’s influential career.

Comparing Fortunes: Indian Billionaires Ambani and Adani vs. Elon Musk

Notably, a compelling observation emerged as Musk seized the top spot — the combined net worth of two prominent Indian billionaires, Mukesh Ambani and Gautam Adani, equaled the total net worth of Elon Musk. Ambani, ranking 11th with a net worth of $108 billion, and Adani, placed 14th with $95.9 billion, together mirrored the astronomical wealth amassed by Musk.

Wealthy Indians on the Global Stage: Ambani and Adani’s Positions

Providing context to Musk’s feat, Mukesh Ambani, the chairman of Reliance Industries, secured the 11th position in the Bloomberg Billionaire’s Index on January 30, boasting a net worth of $108 billion. Simultaneously, Gautam Adani, the visionary leader of the Adani Group, clinched the 14th spot with a net worth of $95.9 billion.

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Elon Musk Wealth Pinnacle and Recent Rankings: Bloomberg vs. Forbes

Elon Musk’s financial prowess has been consistently noteworthy, with his net worth soaring to $204 billion. While the Bloomberg Billionaires Index estimated Musk’s net worth at $232 billion in December 2023, Forbes reported a staggering $254 billion, primarily attributed to his ownership stakes in Tesla and SpaceX. However, on January 28, Forbes noted that Bernard Arnault, the CEO of LVMH, briefly surpassed Musk as the world’s richest person.

Indian tycoons’ wealth surge: Ambani and Adani’s Rise

Mukesh Ambani, the wealthiest person in India and Asia, witnessed his wealth climb to $101.8 billion, buoyed by a 2.6% surge in Reliance Industries Ltd. shares. Gautam Adani, who briefly surpassed Ambani in January, secured the 12th rank on the Bloomberg Billionaire’s Index, while Ambani momentarily dropped to the 14th position. Ambani’s return to the $100-billion club in January marked a significant financial milestone.

Elon Musk Neuralink update: Innovating beyond wealth

Beyond his financial conquests, Musk continues to make headlines for his groundbreaking ventures. On January 30, he announced that the first human patient received an implant from his brain-chip startup, Neuralink, and is recovering well. Musk’s contributions extend beyond wealth accumulation, showcasing his commitment to technological innovation.

Elon Musk’s rise to the top of the global rich list not only underscores his financial acumen but also reflects the evolving dynamics of wealth distribution in the ever-changing landscape of global business and technology.

First published on: Feb 04, 2024 10:38 AM IST

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