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Elon Musk's wealth tops $500 billion for 1st time

Business

Elon Musk, the head of Tesla and SpaceX, just crossed the $500 billion net worth mark on October 1, 2025. This jump was linked to a surge in Tesla's stock, which added $10 billion to his wealth in just one day.
Musk's spot on Forbes's "Real-Time Billionaires" list kept shifting as the numbers changed.

Why do Musk's numbers differ on various lists?

Not all rich lists agree: Forbes puts Musk at $500 billion, but Bloomberg says $459 billion.
That's because Forbes relies on yearly research and interviews, while Bloomberg updates its numbers daily with market moves.
This explains why other big names—like Larry Ellison, Mark Zuckerberg, and Jeff Bezos—also have different rankings depending on which list you check.