The world richest man, Elon Musk has made history on becoming the first individual ever to cross the 500 billion net worth threshold, according to Forbes’ Real‑Time Billionaires list.
Elon Musk’s fortune surged to approximately 500.1 billion, fueled largely by gains in Tesla stock and rising valuations across his other ventures, including SpaceX and xAI.
However, what drove the surge, Tesla shares climbed about 3.36 billion to Musk’s wealth. His 12.4% stake in Tesla remains a key driver. Private companies under his control, like SpaceX(valued at an estimated 400 billion) and xAI Holdings (approximately 113 billion post-merger with X), also added significantly to his net worth.
Musk’s crossing of the half-trillion mark cements his position at the top of the global billionaire rankings, with rival Oracle co-founder Larry Ellison now in distant second place at around 350.7 billion.
Tesla’s board has also proposed a 1 trillion compensation package tied to business performance, indicating that Musk’s wealth could balloon further if ambitious future goals are met.