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Elon Musk is one of the wealthiest people in the world, with an estimated net worth of US $314 billion as of November 2024[update], according to the Bloomberg Billionaires Index, and $300.3 billion according to Forbes, primarily from his ownership stakes in Tesla, Inc. and SpaceX.[1][2][3] In November 2021, he became the first person in the world to have a net worth above $300 billion.