Elon Musk Now Has About $1 Trillion More Than the Next Richest Person in the World

Elon Musk, the CEO of two large companies, is rich. In fact, the other day, he became a trillionaire. Written out, a trillion looks like this: But after trading on Monday, his net worth shot up to $1.3 trillion according to the Forbes rich-person-wealth-tracker site. The next person down the list from Musk, Google co-founder Larry Page, has $301.4 billion. Elon Musk has, in other words, not just a trillion dollars, but approximately a trillion dollars more than the next richest guy. This is counted (or maybe just rounded) differently by Bloomberg, which says Musk’s net worth is only $1.27 trillion. Unfortunately for Musk, assuming that’s the correct calculation, Musk would not still be the richest person in the world if he lost $1 trillion of net worth—but in either case, he would still be the richest person in the world if he lost $900 billion. To be clear, it’s not like he crossed the threshold into having a 13-figure net worth because he did a good job as CEO that day and profits poured into SpaceX or Tesla, and that money funneled down to him. It doesn’t work that way. The approximately 42% of SpaceX that Musk owns increased in value as people eagerly bought up the stock as it