Elon Musk becomes the first in history to reach $500 billion in wealth

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American entrepreneur Elon Musk crossed another milestone on October 1 and became the first person in history to reach $500 billion in wealth.

Later, the Forbes index value changed slightly; as of 11:10 p.m. on October 1, the magazine estimated Musk’s wealth at $499.5 billion. At 11:50 p.m., it was $499.1 billion.

In December, Musk became the first person in history to reach $400 billion in wealth.

Musk first topped the Forbes ranking of the world’s wealthiest people in 2021. He displaced Amazon founder Jeff Bezos from the top spot. At that time, the magazine estimated Musk’s wealth at $271.3 billion.

Musk’s main assets are SpaceX and Tesla.