Elon Musk becomes first person with net worth of $500bn
Elon Musk, the CEO of Tesla, has become the first person to reach a net worth of $500 billion, a significant milestone in the world of personal wealth. Musk's wealth briefly crossed the half-trillion mark on Wednesday before settling at $499 billion, according to the Forbes billionaires list. The dramatic increase in Musk's net worth is primarily attributed to the soaring value of Tesla's stock, which has seen a remarkable surge in recent months. This achievement puts Musk one step closer to becoming a trillionaire, a status that only a handful of individuals have ever reached. The news highlights the growing wealth disparity in the world, with a single individual amassing a staggering amount of personal wealth. It also underscores the significant influence and impact that Musk and his companies have on the global economy and technological landscape.
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