On November 10, 2026, billionaire Elon Musk gained $47.8 billion in a single day, raising his net worth to nearly $900 billion.
According to Business Insider Africa, Musk’s single-day gain nearly matched the entire fortune of Africa’s richest person, Aliko Dangote, whose net worth was valued at $54.3 billion.
Dangote’s fortune is anchored in his investments in Nigeria’s cement, sugar and fertilizer industries, as well as his large oil refinery, while Musk leads Tesla, SpaceX and xAI.
The latest increase comes after Musk reportedly lost an estimated $53.9 billion, representing a 6% reduction in his overall wealth over the preceding seven days, amid political shifts, regulatory uncertainty and broader technology sell-offs.
Sources: Business Insider Africa, Nairametrics.