In the five days following Republican candidate Donald Trump’s victory in the US presidential election, Elon Musk, CEO of Tesla‘s net worth crossed the $300 billion mark and his automaker’s shares soared more than 30 percent, according to Forbes’ Real-Time Billionaires List.

The list indicates that Musk is currently the only person on the planet with a net worth over $300 billion and wealth of $304 billion.

On Friday, Tesla shares jumped 8.19 percent to $321.22 billion. Thus, Musk’s fortune increased by 4.71 percent to $304 billion in one day. Before the US election results, his fortune stood at nearly $250 billion. Tesla stock has jumped nearly 30 percent over the past five days.

A reason for Elon MuskThe increase in Trump’s wealth is his support for Trump during his campaign. Musk not only vehemently supported Trump but also attended his rallies, while Trump, now the president-elect of the United States, openly supported Musk. After Trump’s victory, Musk’s fortunes were boosted.

Other billionaires and their wealth:

According to Forbes’ real-time billionaires list, after Musk, Oracle’s Larry Ellison is the second richest person in the world with a wealth of $230.7 billion. Amazon’s Jeff Bezos follows with a net worth of $224.5 billion, followed by Mark Zuckerberg with a wealth of $203.8 billion and Bernard Arnault and his family with a net worth of $165.5 billion. dollars.

Who else supported Trump?

Not just Elon Musk, Jeff Bezos, Oracle’s Larry Ellison, Meta’s Mark Zuckerberg, and Google’s Larry Page. also supported Donald Trump in the 2024 US elections.

Musk also reportedly joined the call between US President-elect Donald Trump and Ukrainian President Volodymyr Zelenskyy on Friday, a testament to the Tesla CEO’s growing influence in the second Trump administration.

Musk had recently said that if appointed to a position in the Trump administration, he would advocate for a federal regulatory framework for autonomous vehicles.