In a remarkable achievement, Elon Musk has become the first person in history to surpass a net worth of $400 billion, according to Bloomberg. The milestone was reached on Tuesday, solidifying Musk’s position as the world’s richest individual.
The celebration continued on Wednesday afternoon when Tesla’s stock price reached $420, an all-time high since the company’s stock split in August 2022. Musk, never one to miss an opportunity for humor, took to X (formerly Twitter) and posted, “As foretold in the prophecy,” along with a screenshot of the stock price.
This number holds particular significance for Musk, as he once joked about taking Tesla private if its stock hit $420—a playful reference that has now become reality.
Musk’s wealth has seen an unprecedented rise in 2023, with a staggering $218 billion added year-to-date. This increase is largely attributed to Tesla’s 75% stock surge since the U.S. elections, with a major boost following Donald Trump’s landslide victory.
What $400 Billion Can Achieve
To put Musk’s wealth into perspective, here’s what $400 billion could accomplish:
- Fund a Netflix subscription for every person on Earth.
- Educate all children globally for 10 years.
- Cover the entire U.S. federal budget for 133 years.
- Provide clean water and sanitation to every individual on the planet.
- Finance the establishment of a fully functional colony on the Moon.us
Also read: Why Elon Musk is Battling for Approval of $56 Billion Tesla Deal
