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Elon Musk's historic net worth compared to the minimum wage

Elon Musk's historic net worth compared to the minimum wage
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Elon Musk's historic net worth compared to the minimum wage
Tesla and SpaceX CEO Elon Musk has become the first person in history to reach a net worth over $400 billion, as reported by Bloomberg. Following a recent sale of insider SpaceX shares, Musk's personal net worth skyrocketed to $429.2 billion as of Dec. 12, 2024.It's an amount of wealth that can be hard to conceptualize. For a person working at the federal minimum wage of $7.25 an hour, it would take more than 6.75 million years working non-stop to earn that much money. See how long it would take in each state in the interactive map below. PHNjcmlwdCB0eXBlPSJ0ZXh0L2phdmFzY3JpcHQiPiFmdW5jdGlvbigpeyJ1c2Ugc3RyaWN0Ijt3aW5kb3cuYWRkRXZlbnRMaXN0ZW5lcigibWVzc2FnZSIsKGZ1bmN0aW9uKGUpe2lmKHZvaWQgMCE9PWUuZGF0YVsiZGF0YXdyYXBwZXItaGVpZ2h0Il0pe3ZhciB0PWRvY3VtZW50LnF1ZXJ5U2VsZWN0b3JBbGwoImlmcmFtZSIpO2Zvcih2YXIgYSBpbiBlLmRhdGFbImRhdGF3cmFwcGVyLWhlaWdodCJdKWZvcih2YXIgcj0wO3I8dC5sZW5ndGg7cisrKXtpZih0W3JdLmNvbnRlbnRXaW5kb3c9PT1lLnNvdXJjZSl0W3JdLnN0eWxlLmhlaWdodD1lLmRhdGFbImRhdGF3cmFwcGVyLWhlaWdodCJdW2FdKyJweCJ9fX0pKX0oKTs8L3NjcmlwdD4=

Tesla and SpaceX CEO Elon Musk has become the first person in history to reach a net worth over $400 billion, as reported by Bloomberg. Following a recent sale of insider SpaceX shares, Musk's personal net worth skyrocketed to $429.2 billion as of Dec. 12, 2024.

It's an amount of wealth that can be hard to conceptualize. For a person working at the federal minimum wage of $7.25 an hour, it would take more than 6.75 million years working non-stop to earn that much money.

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See how long it would take in each state in the interactive map below.