{"id":116930,"date":"2024-12-12T08:55:23","date_gmt":"2024-12-12T04:55:23","guid":{"rendered":"https:\/\/abcmedia.am\/?p=116930"},"modified":"2024-12-12T10:49:53","modified_gmt":"2024-12-12T06:49:53","slug":"elon-musk-becomes-1st-person-in-history-to-surpass-400-billion-in-wealth","status":"publish","type":"post","link":"https:\/\/abcmedia.am\/en\/news\/116930\/","title":{"rendered":"Elon Musk becomes 1st person in history to surpass $400 billion in wealth"},"content":{"rendered":"<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\">\n<html><body><p>American entrepreneur Elon Musk has made history by becoming the first person to exceed a net worth of $400 billion, according to <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-12-11\/elon-musk-net-worth-tops-400-billion-a-historic-first\" target=\"_blank\" rel=\"noopener\">Bloomberg<\/a>.<\/p>\n<p>As noted, the most recent catalyst was an insider share sale of his privately held SpaceX, which boosted Musk&rsquo;s net worth by roughly $50 billion.<\/p>\n<p>According to the agency, Musk&rsquo;s net worth has now reached $439.2 billion.<\/p>\n<p>Earlier, Donald Trump, who won the U.S. presidential elections, announced that Musk and businessman Vivek Ramaswamy would lead a new Department of Government Efficiency (DOGE). Musk had promised that if Trump were to win, he would cut U.S. budget expenditures by at least two trillion dollars.<\/p>\n<\/body><\/html>\n","protected":false},"excerpt":{"rendered":"<p>American entrepreneur Elon Musk has made history by becoming the first person to exceed a net worth of $400 billion, according to Bloomberg. As noted, the most recent catalyst was an insider share sale of his privately held SpaceX, which boosted Musk&rsquo;s net worth by roughly $50 billion. According to the agency, Musk&rsquo;s net worth [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":116880,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[2,43,98],"tags":[],"class_list":["post-116930","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-world","category-other-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/posts\/116930","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/comments?post=116930"}],"version-history":[{"count":0,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/posts\/116930\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/media\/116880"}],"wp:attachment":[{"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/media?parent=116930"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/categories?post=116930"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/tags?post=116930"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}