Elon Musk is world’s richest person on Hurun Rich List with $420 billion net worth - it’s the 'Trump Effect' at work?

Elon Musk has claimed his title as the world's richest person again, with his net worth reaching $420 billion due to an 82% increase primarily from Tesla's stock surge. However, his wealth decreased by $100 billion post-January 2025 due to competition and investor concerns.

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