Musk Becomes First Person Worth '₩700 Trillion'

Source
JOON HYOUNG LEE

Summary

  • Tesla shares rose about 4%, pushing Elon Musk's net worth past $500 billion.
  • Musk set a new net worth record about a year after surpassing $400 billion in December last year.
  • Forbes said that Tesla's stock rise increased Musk's assets by about ₩13 trillion in a single day.

Tesla stock rises 4%

U.S. electric vehicle maker Tesla's stock has been rising for several days, and the net worth of Elon Musk, the 'world's richest' CEO (CEO·photo), is estimated to have surpassed 500 billion dollars (about ₩702 trillion).

On the 1st (local time), Forbes reported that Musk set a record by holding 500 billion dollars for the first time. After first exceeding 400 billion dollars in December last year, he broke the record in less than a year. Forbes said that on that afternoon Tesla's stock rose about 4%, increasing Musk's net worth by 9.3 billion dollars (about ₩13 trillion).

Kim Dong-hyun reporter 3code@hankyung.com

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JOON HYOUNG LEE

gilson@bloomingbit.ioCrypto Journalist based in Seoul
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