Elon Musk's Net Worth Tops $499.1 Billion, Nearly Halfway to Trillionaire Status
Elon Musk, the visionary CEO of both Tesla and SpaceX, has seen his net worth soar to an astonishing $499.1 billion, according to Forbes' Real-Time Billionaires tracker. This places him comfortably at the top of the global wealth rankings, nearly halfway to becoming the world's first trillionaire.
Musk's journey to the pinnacle of wealth began in 1999 when he sold an online publishing software company to Compaq for over $300 million. This was not his first taste of entrepreneurial success. In his early twenties, he co-founded and sold the software company Zip2, which provided business directories and maps for newspapers, earning his first million-dollar sum.
After these initial triumphs, Musk went on to found SpaceX in 2002 and became the chairman of Tesla in 2004. His leadership at both companies has seen them achieve remarkable milestones, with Tesla revolutionising the automotive industry and SpaceX making significant strides in space exploration. Musk's innovative spirit and business acumen have propelled him to unprecedented heights of wealth.
With a net worth that has briefly reached $500 billion, making him the first person to achieve this milestone, Elon Musk continues to break records. His wealth is more than double that of the third-richest person, Mark Zuckerberg of Meta, who has a net worth of $245.8 billion. Only Larry Ellison of Oracle, with a net worth of $350.7 billion, comes close to Musk's astronomical wealth. As Musk continues to innovate and push boundaries, the world watches in awe, waiting to see if he will indeed become the planet's first trillionaire.
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