Tesla CEO Elon Musk made history by becoming the first person ever to reach a net worth of $500 billion, according to Forbes Real-Time Billionaires. As of 4:15 pm ET, Forbes reported Musk’s net worth at $500.1 billion, marking a milestone in personal wealth accumulation. Earlier in the day, at 9:52 pm ET, Forbes had recorded his net worth at $499.1 billion, reflecting a rebound in Tesla shares and the rising valuations of his other ventures. Meanwhile, the Bloomberg Billionaires Index listed his wealth at $470 billion at the time of writing.
A significant portion of Musk’s wealth is tied to his stake in Tesla, where he owns over 12.4% of the company’s shares as of 15 September 2025. Tesla has experienced a strong performance this year, contributing substantially to Musk’s net worth, despite facing some market and operational challenges along the way.
This historic achievement underscores Musk’s influence in the tech and automotive sectors, as well as the growing valuations of his diverse business ventures. His ascent to a $500 billion net worth highlights not only Tesla’s impact but also the broader surge in high-tech entrepreneurship driving extreme personal wealth in the 21st century.
