Elon Musk makes history as first person ever to hit $500B net worth milestone: report
Elon Musk makes history as first person ever to hit $500B net worth milestone: report Elon Musk on Wednesday reportedly became the first person in history with a net worth of $500 billion. The Tesla and SpaceX CEO’s fortune crossed the half-trillion mark around 3:30 p.m. ET, putting him about $150 billion ahead of Oracle co-founder Larry Ellison, the world’s second-richest person, Forbes reported . Musk’s wealth has skyrocketed from $24.6 billion in March 2020 to a series of milestones: $100 billion by late 2020, $200 billion in 2021 and $400 billion in 2024, before reaching $500 billion this week. At his current pace, Musk could become the world’s first trillionaire by 2033, when Tesla’s proposed $1 trillion compensation package begins vesting, Forbes reported. "It’s not about ‘compensation’, but about me having enough influence over Tesla to ensure safety if we build millions of robots," Musk said in an X post in September. "If I can just get...