Elon Musk’s Net Worth Hits $700 Billion, Outpaces Next Three Richest Combined

Elon Musk Becomes First Person Ever to Surpass $700 Billion Net Worth.

Tech billionaire Elon Musk has made history as the first individual to cross a net worth of $700 billion, with estimates now putting him around $749 billion. This milestone comes after a US court reinstated Musk’s long-pending Tesla compensation package, Reuters reported, firmly cementing his position as the world’s richest person.

The scale of Musk’s lead is unprecedented. Second-richest Larry Page is worth approximately $252.6 billion, while Oracle founder Larry Ellison has $242.7 billion, and Amazon founder Jeff Bezos rounds out the top three. Combined, their wealth roughly equals Musk’s net worth alone.

Why Musk’s Wealth Jumped

The surge stems from the Delaware Supreme Court restoring stock options from Musk’s 2018 pay package, previously cancelled by a lower court. These options are now valued at $139 billion, significantly higher than the original $56 billion estimate. The court ruled the previous cancellation “unfair and wrong,” reversing a 2024 judgment that had labelled the package “unfathomable.”

Most of Musk’s fortune is tied to company performance rather than salary, making it highly volatile but capable of dramatic gains. As Tesla’s market value soared, the restored options had an immediate and massive impact on his net worth.

Musk’s Expanding Empire

Musk’s wealth growth is also linked to his holdings in SpaceX, where he owns roughly 42%. After a recent tender offer valued SpaceX at $800 billion, Musk’s fortune jumped by about $168 billion. The company is eyeing a 2026 IPO that could value it at $1.5 trillion, making his stake the most valuable part of his portfolio.

Additionally, Musk holds a 53% stake in xAI Holdings, currently valued at $60 billion. Reports indicate xAI is in talks to raise funds at a $230 billion valuation, more than double its March valuation of $113 billion after merging with X.

With Tesla, SpaceX, and xAI driving unprecedented growth, Musk’s fortune continues to redefine the boundaries of individual wealth, highlighting both the volatility and the potential of billionaire fortunes in today’s tech-driven economy.