02.10.2025 10:27
Tesla CEO Elon Musk's wealth reached $500 billion according to Forbes' real-time Billionaires List at 10:30 PM Turkey time. With this development, Musk became the first person to have a net worth of $500 billion.
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Tesla CEO Elon Musk became the first person to reach a net worth of $500 billion. According to Forbes' real-time Billionaires List, as of 10:30 PM Turkey time, Musk's wealth hit $500 billion.
RECOVERY IN TESLA STOCKS HAD AN IMPACT
At the end of the trading day, Musk's wealth was recorded at $499.1 billion. The increase in Musk's wealth was influenced by the recovery in Tesla stocks, as well as the rising value of the artificial intelligence venture xAI and the space company SpaceX.
ZUCKERBERG IS ALSO ON THE LIST
The shares of electric car manufacturer Tesla have gained approximately 14% in value since the beginning of the year. On Forbes' Billionaires List, Musk is followed by Oracle founder Larry Ellison and Meta founder Mark Zuckerberg.
HE HAD OBTAINED THE TITLE OF THE WORLD'S RICHEST PERSON IN 2021
Musk, whose wealth exceeded $100 billion in August 2020, first obtained the title of the world's richest person in January 2021 with a net worth of approximately $190 billion.
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