After Donald Trump’s victory, Elon Musk becomes the richest man in history – L’Express

After Donald Trumps victory Elon Musk becomes the richest man

348 billion dollars: this is the amount of Elon Musk’s fortune, estimated by the American site Bloomberg. A wealth so colossal that the South African billionaire managed to beat his own record of $338 billion in 2021, thus becoming the richest man in all of History. According to the Bloomberg index, the boss of Tesla and Space He is even twice as rich as the Frenchman Bernard Arnault, CEO of the luxury group LVMH, in 5th position and whose assets amount to 163 billion.

READ ALSO: With Donald Trump, the “revenge” of Texan tech on Silicon Valley

If the evaluation of the greatest fortunes in History is difficult to measure and compare according to eras, Elon Musk would in any case seem to have surpassed the heritage of John Rockefeller, an American industrialist and oil magnate who created at the end of the 19th century century Standard Oil (which would become Esso, ExxonMobil and Chevron). Estimated at one billion dollars at the beginning of the 20th century, his assets would be equivalent to 336 billion reported today, until now the greatest fortune in History, but now less than ten billion dollars less than that of Elon Musk.

New Minister of “Government Efficiency”

A financial success which comes three weeks after the appointment of Donald Trump to the White House, making Elon Musk in some ways the second winner of the American elections. The boss of the social network .

A few hours after the announcement of Donald Trump’s victory, the rise in shares of his company Tesla brought him $15 billion, according to Forbes. And “just on the first day following the Republican’s victory, Elon Musk’s fortune jumped by some 26 billion dollars”, then indicated BFMTV.

READ ALSO: “A parade of weirdos…”: the new Trump administration seen by David Frum, Bush’s former writer

An investment which paid off, the richest man in the world having been rewarded with a place in a new ministry, that of “Government Efficiency”, supposed to put an end to “useless” federal spending. He thus announced “massive staff reductions in the federal bureaucracy” and wanted to cut subsidies to public broadcasting or to “progressive” organizations such as Planned Parenthood. “We do things differently. We are entrepreneurs, not politicians,” he pointedly told the Wall Street Journal.

lep-general-02