The world’s richest person, Elon Musk, is nearly halfway to becoming the planet’s first trillionaire.
Forbes magazine disclosed this Wednesday on Wednesday, October 1, 2025.
The Tesla and SpaceX CEO became the first person to achieve a net worth of $500 billion, briefly, as the shares in his electric vehicle company rebound from his clumsy stint in politics, amid other gains.
The 54-year-old’s net worth hit $500.1 billion on Wednesday before dipping back to $499.1 billion, the magazine’s “Real-Time Billionaires” tracker reported.
Larry Ellison overtakes Elon Musk as world’s richest man
Ranked after Musk are Oracle CEO Larry Ellison with a net worth of $350.7 billion, followed by Meta CEO Mark Zuckerberg with a net worth of $245.8 billion on the Forbes list.
After graduating from the University of Pennsylvania and dropping out of Stanford University, Musk banked his first millions when he sold an online publishing software company to United States computer maker Compaq for more than $300 million in 1999.
His next company eventually merged with PayPal, and after leaving that venture, the South African-born tech entrepreneur founded space rocket company SpaceX in 2002 and became the chairman of electric carmaker Tesla in 2004.
President Bola Tinubu has appointed Bianca Odumegwu-Ojukwu as Nigeria’s Minister of Foreign Affairs, following the…
The Inspector-General of Police (IGP), Tunji Disu, has approved the recommendation of the Force Disciplinary…
Lagos State Deputy Governor Obafemi Hamzat has received President Bola Tinubu's official backing as the…
A staff member at the Murtala Muhammed International Airport, Ikeja, has returned a lost purse…
Celebrity barman and socialite Pascal Okechukwu, popularly known as Cubana Chief Priest, has declared his…
President Bola Tinubu has approved the removal of Saidu Mohammed as the Chief Executive of…
This website uses cookies.