Elon Musk’s mom reveals the story behind the suit he ‘wore every day’ as he becomes the first person to surpass $400 billion.
Elon Musk has made history as the first person to surpass a net worth of $400 billion. His rapid rise to wealth has captivated millions, with fans celebrating his success. But behind his incredible fortune lies a humbler story, recently shared by his mom, Maye Musk.
Elon Musk’s historic $400 billion milestone
Elon Musk’s wealth continues to grow at an astonishing pace.
As of December 11, the 53-year-old is worth $447 billion, according to the Bloomberg Billionaires Index.
This figure places him far ahead of the second richest person, Jeff Bezos, whose net worth stands at $249 billion.
Musk’s diverse portfolio of companies includes:
– SpaceX, which dominates the space exploration industry.
– Tesla, a leader in electric vehicles and renewable energy.
– Twitter, the social media platform he acquired in 2022.
– xAI, an artificial intelligence venture.
– The Boring Company, focused on infrastructure.
– Neuralink, which develops brain-machine interface technology.
Bloomberg reports that Musk’s wealth has surged by $136 billion since the 2024 U.S. presidential election.
Maye Musk shares a glimpse of Elon’s humble beginnings
Amid the celebrations of Musk’s success, Maye Musk shared a throwback photo that highlights his modest start. The image, taken in 1990, shows a young Musk wearing a $99 black suit.
“This photo was taken in our rent-controlled apartment in Toronto, with my mom’s painting on the wall,” Maye tweeted. She explained that the suit came with a free shirt, tie, and socks. “He wore this suit every day to his bank job in Toronto. I couldn’t afford a second suit. We were happy.”
At the time, Musk was just 19 years old, working hard to build the foundation of his future success.
Fans react to the story of Elon Musk’s early struggles
Maye Musk’s post resonated with fans, inspiring many to reflect on the journey of success.
One follower commented: This is what the path of success looks like: cheap suits and a lot of hard work.
Another described Musk’s rise as the perfect example of the American Dream, while athird fan expressed admiration for Musk’s accomplishment.
One person said: Leon’s mom needs to identify the alien who is Leon’s dad.
A second wrote: Sir…Great Blessings from our Good Lord..because you have Him at your back every day..never leave you a single second… do continue trusting Him..
While a third commented: Yea yall spoiled him to the bones.
Another added: From a suit to surpassing $400B talk about an incredible journey! Guess the suit worked its magic!
Maye Musk’s post serves as a reminder that even the wealthiest individuals often start from humble beginnings.
Musk’s story underscores the value of perseverance, resourcefulness, and vision.
Elon Musk’s $99 suit is a symbol of his journey from modest beginnings to becoming the wealthiest person in the world. While his fortune continues to grow, this story serves as a testament to the hard work and dedication that fueled his success.