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I just came across an interesting point — Elon Musk has officially become the first person in history whose wealth has exceeded $800 billion. According to the March Forbes ranking, his net worth reached $839 billion. Agree, that’s quite a significant milestone.
What’s notable here: this isn’t just another increase in the list of the wealthy. Musk has held the position of the richest person in the world since May 2024, but such a large jump — that’s something special. Over the past month, his wealth has increased by $64 billion, and since the beginning of this year, it has grown by more than $100 billion.
Looking at the trajectory: last October, he crossed the $500 billion mark, then in December, he went past $600 billion and $700 billion. Now, it’s $800 billion. The growth of his assets is simply phenomenal — a result of sharp increases in the valuations of his companies.
For context: the second-richest person, Larry Page, is more than $500 billion behind. Musk has practically pulled away from his competitors. It’s interesting to consider how much more the wealth of the world’s richest person could grow at this rate. The market is clearly overestimating his assets or believing in their potential.