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Musk's net worth increased by $20.90 billion, making him the richest man in the world

After Musk-backed Trump won the US Presidential Election, Tesla (TSLA. O) closed up 14.75% in the United States on Wednesday. According to Forbes rich list data, Tesla's surge made the company's founder and CEO Musk's net worth increase by $20.90 billion in a single day, with total assets reaching $285.60 billion, far exceeding Jeff Bezos, who ranks second on the world's richest list.