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Tesla CEO Elon Musk became the first person on the planet to reach a net worth of nearly $500 billion, thanks to a rebound in the electric vehicle company's stock and rising valuations of the tech entrepreneur's other startups.
Tesla shares had a rocky start to 2025 but have recovered as investor optimism has grown after Musk stepped down from his role in the Trump administration and refocused on his businesses.
Last month, Tesla Chairman Robin Denholm said Musk was back in the “spotlight” at the company after spending several months in the White House. Musk’s wealth is closely tied to Tesla, where he owned a stake of more than 12.4% as of Sept. 15.
The company's shares have risen more than 14% since the start of the year and closed 3.3% higher yesterday, boosting Musk's fortune by $6 billion. Musk bought about $1 billion worth of shares, showing strong confidence in Tesla's future as it shifts its focus from automobiles to artificial intelligence and robotics.
According to the Forbes Billionaires Index, Oracle founder Larry Ellison is the second-richest person in the world, with a net worth of about $350.7 billion. Ellison briefly surpassed Musk last month after Oracle shares rose more than 40%, driven by the company's impressively positive outlook for its cloud infrastructure business and artificial intelligence (AI) deals.
Ky trimi sikur ra nga 400 miliarde ne 300 miliarde, kur i beri menjehere 200 miliardet e t'i beje 500, per disa muaj. Hajde bote e piset hajde!