South Africa: Elon Musk, the South African businessmen overtook Mansa Musa to become the Richest Man in the world, as ever recorded in History with a net worth of $436 billion. Noting an estimation, Mansa Musa, the 14th century emperor of Mali had a bet worth of $400 billion.
Musk is the prime owner of Tesla and SpaceX. His major income originates from the ownership stakes in Tesla and SpaceX.
Reportedly, net worth of Elon Musk surpassed $439 billion in Dec 2024 after a $50 billion boost from an insider shared sale in SpaceX. Fortune of Musk rebounded since 2022 when he lost more than $200 billion.
Also, Mansa Musa was the ruler of the Mali Kingdom in West Africa and is considered by many to be the wealthiest person to have lived ever. Musa’s fortune is estimated to have been $400 billion when adjusted for inflation and has regarded as unmatched.
Emperor Mansa Musa is famous for his immense wealth derived from Mali’s gold and salt trade. He is renowned for his generosity and lavish lifestyle. Musk rises to the top and has been driven by his revolutionary achievements in technology, space exploration and renewable energy.
Musk conquered fortune surpassing the GDP of over 150 countries worldwide. His wealth exceeded GDP of every African nation, such as Nigeria, which is the largest economy in Africa and has GDP of $477 billion. While, South Africa with $399 billion and Egypt $387 billion fall short of immense fortune of Musk.
This is a great accomplishment that highlighted Elon Musk’s extraordinary financial influence, by positioning him as a business leader and a global economic force.
It is the chosen path by SA Richie-rich Musk to become the wealthiest person in history, stemming game changing ventures. Tesla is his electric vehicle company that has disrupted the global automobile industry, while SpaceX continued to pioneer space exploration.
Furthermore, Musk is also involved in other companies that includes Neuralink and The Boring Company. It reflects the role as a transformative force across industries, thereby creates legacy of innovation.
Musk celebrated this historic milestone of wealth in equality and has also ignited the discussions about economic inequality. However, the critics pointed to the growing wealth gap as Muska’s net worth dwarfed the economies of nation, where millions struggle with poverty.
Overtaking Mansa Musa, Tesla owner Elon Musk has created history and sparked broader conversations about the role of wealth and its impact in today’s world.