US EditionMusk becomes first person to hit $500 billion net worth, Forbes list shows
Elon Musk’s net worth reached $500 billion driven by a 14% Tesla stock rise this year and soaring valuations of SpaceX and xAI, making him the richest person ever.
- Elon Musk became the first person to reach a net worth of $500 billion on Wednesday, as reported by Forbes.
- Musk's wealth has significantly increased from $24.6 billion in March 2020 to $500 billion now, according to Forbes.
- Musk's wealth increased by about $10 billion from Tuesday due to rising Tesla stock prices.
- Musk could become the world's first trillionaire by 2033 if new compensation proposals are approved.
279 Articles
279 Articles
Elon Musk becomes world's first person to reach $500 billion net worth: '[It's] about me having enough influence over Tesla'
Despite courting controversy just about everywhere he goes, Elon Musk's vast fortune has continued to grow. His wealth surpassed $500 billion for the first time on Wednesday, Oct. 1, 2025, according to Forbes. The richest person on the planet, Musk was the first individual in history to reach that milestone. Musk broke through the $500 billion threshold based largely on a recent surge in the stock price of Tesla, of which he owns 12%, per Forb…
Musk Becomes First Person to Hit $500 Billion Net Worth, Forbes List Shows
Elon Musk on Wednesday became the first person to surpass $500 billion in net worth, powered by a rebound in Tesla’s share price this year and swelling valuations of his other tech ventures. The milestone comes just under a year after Musk’s net worth crossed $400 billion and underscores his lead as the world’s richest person. Musk’s fortune briefly hit $500 billion on Wednesday, before settling at $499.1 billion at 5 p.m. ET, according to Forbe…
Elon Musk became the first person in history to reach a net worth of $500 billion on Wednesday, Forbes magazine, which has maintained a real-time billionaire tracker for years, reported.
Elon Musk Becomes World’s First Half-Trillionaire
Elon Musk has just shattered another record. This time becoming the first person in history to see his net worth soar past a staggering $500 billion. Yes, half a trillion dollars.According to Forbes’ billionaires index, Musk’s fortune briefly touched $500.1bn on Wednesday before dipping slightly below. The surge comes on the back of rising valuations not just for Tesla, but also for SpaceX and his AI venture, xAI. With that, Musk remains comfort…
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