FORTUNE – This figure says more about what is happening in political life in the United States than about the results of the economic world. Nevertheless, the observation is there: according to data published on Sunday November 24 by Bloomberg, Elon Musk is now twice as rich as Bernard Arnault. Or rather the value of the shares held by the two billionaires varies by a factor of two.
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It’s simple, never has a man been as rich as the founder of Tesla and Space X, future member of Donald Trump’s team. He is sitting on a fortune estimated at 348 billion dollars, up 119 billion over one year. This is a new world record, ahead of the $338 billion it set in November 2021.
The figures are dizzying: BFMTV recalls that in the day following the election of Donald Trump against Kamala Harris, the value of Elon Musk’s shares jumped by $26 billion. Enough to largely recoup the 100 million dollars invested in the campaign of the former Republican president who will become one again in January. The two men are now a team since the head of state has appointed the star boss (in tandem with Vivek Ramaswamy) at the head of a sort of ministry of government efficiency. Objective: reduce the federal budget by 30%, which currently stands at $7,000 billion.
Only Elon Musk saw his fortune jump in 2024. Co-founder of Oracle, Larry Ellison “ won » 83 billion dollars in one year (his fortune is estimated at 206 billion euros) while Mark Zuckerberg, fourth in the ranking, earned 70 billion dollars.
The only billionaire in the top 10 to see his fortune decline, Bernard Arnault is in fifth place. The fortune of the CEO of LVMH is estimated at 163 billion dollars, a drop of 44 billion in twelve months, again according to Bloomberg.
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