Musk becomes first person for his wealth to reach $400 billion

Billionaire Elon Musk has become the first person to reach a fortune estimated at more than $400 billion. Musk’s wealth consists mainly of shares in electric car manufacturer Tesla and aerospace company SpaceX.

Forbes magazine estimated Musk’s wealth at $431.2 billion on Thursday, while financial services company Bloomberg said it was about $447 billion. According to Forbes magazine and Bloomberg.

Musk’s companies also include the electronic platform X, artificial intelligence development company XAI, and Neuralink, which is working on developing computer interfaces that support the human brain.

The second place in the ranking was occupied by the founder of Amazon, American billionaire Jeff Bezos, with a fortune estimated at more than $240 billion.