Categories: News

Elon Musk on the Cusp of Becoming World’s First Trillionaire: A Shareholder’s Dream

Elon Musk may become the world’s first trillionaire.

Elon Musk’s fortune is growing at an unprecedented pace. He has become the first person in history whose wealth surpassed the $700 billion mark. According to TASS, citing Forbes magazine, there was a sharp surge in the entrepreneur’s capital following an important court decision in the United States. The publication estimates that Musk’s total fortune has reached $749 billion. The growth in wealth is attributed to a Delaware Supreme Court verdict that reinstated Musk’s right to receive compensation in the form of Tesla stock options. This decision alone increased his capital by $139 billion in one day, putting him almost out of reach of other billionaires.

Image by Midjourney

In the current Forbes ranking, Musk confidently holds the first position. Following him is Google co-founder Larry Page with a fortune of $252.7 billion, Oracle’s Larry Ellison with $242.8 billion, and Amazon founder Jeff Bezos, whose wealth is estimated at $239.4 billion. On December 15, Elon Musk crossed the $600 billion mark for the first time in history, which was then reported as $638 billion.

Casey Reed

Casey Reed writes about technology and software, exploring tools, trends, and innovations shaping the digital world.

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