Billionaire According to a Forbes magazine story published Wednesday, Elon Musk, the richest person in the world, is almost halfway to becoming the first trillionaire in history.
In addition to other gains, the shares of his electric vehicle firm rebounded from his awkward time in politics, making the CEO of SpaceX and Tesla the first individual to momentarily reach a net worth of $500 billion.
The publication’s “Real-Time Billionaires” tracking revealed that the 54-year-old’s net worth peaked on Wednesday at $500.1 billion before falling back to $499.1 billion.
Following him on the Forbes list are Mark Zuckerberg, CEO of Meta, with a net worth of $245.8 billion, and Larry Ellison, CEO of Oracle, with a net worth of $350.7 billion.