Elon Musk
South Africa-born Elon Musk continues to extend his lead over France’s LVMH chairperson Bernard Arnault in the world’s richest person list. Photo: Daniel Oberhaus (2018)/Flickr, CC BY-SA

Home » There’s rich – and then there’s Elon Musk rich: How much is the SA-born billionaire worth?

There’s rich – and then there’s Elon Musk rich: How much is the SA-born billionaire worth?

South Africa-born Elon Musk continues to extend his lead over France’s LVMH chairperson Bernard Arnault in the world’s richest person list.

04-08-23 15:59
Elon Musk
South Africa-born Elon Musk continues to extend his lead over France’s LVMH chairperson Bernard Arnault in the world’s richest person list. Photo: Daniel Oberhaus (2018)/Flickr, CC BY-SA

South Africa-born Elon Musk continues to extend his lead over France’s LVMH chairperson Bernard Arnault in the world’s richest person list.

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Musk, 52, who was born in Pretoria in South Africa, has seen his fortune skyrocket by $99.2 billion this year, according to the Bloomberg Billionaires Index.

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According to the latest figures, Elon Musk now boasts a net worth of $236 billion, some $45 billion more than Arnault in second place ($191 billion).

They are followed by United States’ Jeff Bezos ($153 billion) who rounds out the Top 3.

The rest of the Top 10, in order, are: Bill Gates, Larry Ellison, Warren Buffet, Larry Page, Steve Ballmer, Mark Zuckerberg and Sergey Brin.

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South Africa’s richest man, Johann Rupert, finds himself in 146th position with a net wealth of $12.9 billion.

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Meanwhile, the big mover in the Top 10 richest list – apart from Musk – is Facebook founder Mark Zuckerberg who has seen his fortune balloon by $68.1 billion in the six months in 2023 to a total of $114 billion.

The figures are updated at the close of every trading day in New York.

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Correct as at 4 August 2023