Elon Musk's net worth tops $400 billion, a first for any person. Here's where he gets his wealth.
CBSN
Tesla CEO Elon Musk has become the first person to top a net worth of $400 billion, according to Bloomberg News.
Musk's wealth, which was last counted at $384 billion by the Bloomberg Billionaires Index, jumped after an insider share sale of SpaceX, the space exploration company that he founded. According to Bloomberg, the sale boosted Musk's net worth by about $50 billion, bringing his current net worth to $429.2 billion.
The world's second wealthiest person, Jeff Bezos, is worth $244 billion, Bloomberg Billionaires Index shows.

Washington — Amid Trump administration demands for Tehran to keep the free flow of commerce in the Strait of Hormuz, U.S. officials have told CBS News that there are at least a dozen underwater mines through the vital passageway, according to current American intelligence assessments. Arden Farhi, Kathryn Watson, Caroline Linton, Aimee Picchi and Layla Ferris contributed to this report.

Washington — President Trump said early Monday that he is postponing airstrikes on Iran's power plants after "very good and productive conversations" over the last two days about reopening the Strait of Hormuz. However, Iran's foreign ministry denied any such talks. Claire Day contributed to this report. In:











