Summary
Elon Musk has become the first person to achieve a net worth of over $600 billion, according to Forbes. His wealth increased significantly due to a new valuation of SpaceX, where he owns a large stake, and his continued stakes in Tesla. Musk is currently the richest person in the world, far ahead of other billionaires like Larry Page and Jeff Bezos.
Key Facts
- Elon Musk's net worth has exceeded $600 billion, making him the richest person globally.
- A recent valuation of SpaceX at $800 billion greatly increased Musk's wealth.
- Musk owns 42% of SpaceX and about 12% of Tesla.
- SpaceX's potential future public offering could further bolster Musk's net worth.
- The world's next richest individuals include Larry Page, Jeff Bezos, Sergey Brin, and Mark Zuckerberg.
- Bill Gates is currently 18th on Forbes' list with a net worth of $104 billion, despite being the wealthiest person from 1995 to 2017.
- Musk's net worth growth has been historic, reaching various milestones rapidly, including $100 billion in 2020 and $500 billion in 2025.
- SpaceX's projected valuation when going public could be $1.5 trillion, further increasing Musk’s net worth.