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Home »  Elon Musk Tops Wealth Charts with $500 Billion
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 Elon Musk Tops Wealth Charts with $500 Billion

Elon Musk became the first person in history to reach nearly $500 billion, driven by Tesla’s stock rebound, rising valuations of his tech ventures, and a proposed $1 trillion compensation plan, cementing his position as the world’s richest individual.
News DeskBy News Desk2 October 2025Updated:2 October 2025No Comments1 Min Read
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Tesla CEO Elon Musk made history on October 1, 2025, by becoming the first individual ever to achieve a net worth of nearly $500 billion. His fortune reached $499.5 billion, according to Forbes’ billionaires index, driven by a rebound in Tesla shares and rising valuations of his other technology ventures.

Tesla Stock Drives Wealth Surge

Tesla stock has been a major contributor to Musk’s wealth growth, climbing over 14% this year and rising nearly 4% on October 1 alone, which added more than $7 billion to his net worth.

Elon Musk $500 billion net worth milestone 2025

Major Compensation Plan

Last month, Tesla’s board proposed a $1 trillion compensation plan for Musk, reflecting his pivotal role in guiding the company as it expands into AI and robotics technologies.

Global Wealth Rankings

Following Musk, Oracle founder Larry Ellison ranks as the second richest person in the world, with a net worth of approximately $351.5 billion as of October 1, 2025.

banner Elon Musk $500 billion fortune Elon Musk net worth 2025 Forbes billionaires index Larry Ellison net worth 2025 Musk $1 trillion compensation plan richest person in the world Tesla AI robotics expansion Tesla stock surge 2025
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