Elon Musk Affirms His Class: Asset Block Continues to Soar to Unprecedented Heights

Billionaire Elon Musk is always in a different league. According to the Bloomberg Billionaires Index, the CEO of Tesla and SpaceX has earned an additional $124 billion since the beginning of the year. As of December 5th, Elon Musk's net worth is an unprecedented $353 billion. This figure is larger than the market capitalization of software company Salesforce, energy corporation Chevron, or Coca-Cola. On 3/12, the $101 billion compensation package at Tesla that billionaire Elon Musk desired was rejected by the court, despite shareholder approval. However, this ruling only has a minor impact on Elon Musk. He still belongs to the group of the richest people on the planet and may even become richer in the coming years. However, Elon Musk is not the only one who has made a lot of money. According to the Bloomberg Billionaires Index, the top 10 earners this year have seen their fortunes increase by a total of $585 billion. That figure is larger than the market capitalization of giants like Exxon Mobil or Oracle. Names like Larry Ellison, Jensen Huang, and Mark Zuckerberg are also on the list.

Of course, Elon Musk remains the top. His net worth increased thanks to the success of Tesla and SpaceX. However, Larry Ellison of Oracle is not far behind. He earned an additional $80.5 billion this year by betting on Oracle's cloud business. He has become a key player in the artificial intelligence (AI) field with a net worth of $203 billion. Nvidia's CEO Jensen Huang, also known as the AI chip king, had a great year as well. Nvidia's stock surged 187%, helping him gain over $80 billion and reach a net worth of $127 billion. In addition, Mark Zuckerberg has also been successful with large investments in AI and the metaverse. He earned an additional 89 billion USD, bringing his total wealth to 217 billion USD. So who is the person currently chasing Elon Musk's top spot? That would be Jeff Bezos. The Amazon founder, less noticed, is quietly adding another $61 billion to his fortune this year with AI-focused initiatives. Despite being the world's second richest person, Jeff Bezos, with a net worth of $238 billion, is still far behind Elon Musk. Clearly, AI is the driving force behind the success of billionaires. From Tesla and Nvidia leading the AI wave to Meta and Oracle leveraging new technologies. This is a year where innovation and strategic moves have yielded great results.