Nigeria, May 26 -- Elon Musk's business world is expanding at a record rate, even amid the recent turbulence in Tesla stock, which rocked headlines.

Forbes's tally indicates that his fortune rose to an estimated record $419 billion, making him the world's richest man. The increase in wealth follows a series of high-risk business and political maneuvers that have remolded his role in technology, space, and government policy.

Even as Tesla shares declined 20 percent following President Donald Trump's return to the White House in early 2025, Musk's net portfolio is still in good health. Musk's net endorsement of Trump during mid-2024 might have infuriated some shareholders, but it was backed by a net increase in his wealth of $170 billion....