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Musk worth $839bn in new Forbes list

Elon Musk is the wealthiest individual ever recorded, worth an estimated $839 billion, Forbes stated on Tuesday, as a record 3,428 billionaires

Musk worth $839bn in new Forbes list
An illustrative image related to: Musk worth $839bn in new Forbes list, highlighting key aspects of the story. | Image source: Geo News

Musk worth $839bn in new Forbes list

Elon Musk is the wealthiest individual ever recorded, worth an estimated $839 billion, Forbes stated on Tuesday, as a record 3,428 billionaires worldwide saw their combined fortunes surge to an all-time high of $20.1 trillion.

Musk topped the Forbes World’s Billionaires list for the second consecutive year after his fortune swelled by roughly $500 billion over the past twelve months, driven by rising valuations at Tesla and SpaceX, which is targeting a general offering in 2026.

He is the first person ever to surpass the $800 billion mark and is on course to become the world’s first trillionaire.

“It’s the year of the billionaire,” stated Chase Peterson-Withorn, Forbes Senior Curator, Wealth. “The planet further stated more than one billionaire per day over the past twelve months as the AI-powered stock market boom boosted fortunes to previously unimaginable heights.”

The billionaire’s list showed that Larry Page, co-founder of Google, follows far behind Musk, standing at second place with an estimated net worth of $257 billion, followed by his co-founder Sergey Brin at number three with a net wealth of $237 billion.

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Source: Original News

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