Musk becomes first person to hit $500 billion net worth, Forbes list shows

On Wednesday, Tesla CEO Elon Musk was the first person to achieve a clear value of approximately $ 500 billion to increase the rising values ​​of a rebound and other initiatives of a home company’s shares in history.

According to the Forbes Billionares Index, the net value of Musk was 15:55 ET 499.5 billion dollars.

Tesla stock increases Musk’s net value. Stocks have increased more than 14% this year and have climbed about 4% on Wednesday and added more than $ 7 billion to its net value.
Last month, Tesla Board offered a 1 trillion dollar compensation plan for Musk and underlined the waiting on the car manufacturer while trying to turn into a AI and robotic power plant.

AI Startup Xai from Musk and SpaceX, a rocket company, scaled its values ​​this year.

Larry Ellison, the founder of Oracle, follows Musk as the second richest person on the Forbes list and has a net value of approximately $ 351.5 billion from Wednesday.