Elon Musk Becomes First Person Worth $500 Billion:
Tesla CEO Elon Musk has officially become the first person in history to achieve a net worth of $500.1 billion, according to Forbes’ Real-Time Billionaires tracker (October 2025). This milestone makes him not just the world’s richest individual, but also puts him $150 billion ahead of Larry Ellison, co-founder of Oracle, who is the second-richest person globally. Musk had earlier become the first person to cross $400 billion in December, 2024. His wealth surge is tied primarily to the performance of his companies: Tesla, SpaceX, and xAI