Elon Musk Becomes the World’s First Half-Trillionaire (1 Oct 2025) and Later Breaks $600B and $700B Net-Worth Milestones

Elon Musk became the world's first half-trillionaire in October 2025, when his net worth briefly surpassed $500 billion. By early 2026, his wealth had surged even further, crossing additional historic milestones. As of January 2026, here is the status of his net worth: • Current Net Worth: Estimates vary slightly by index, with Forbes placing his wealth at approximately $726 billion and Bloomberg at roughly $682 billion as of mid-January 2026. • Historic Growth: He became the first person to reach $600 billion in mid-December 2025 and the first to cross $700 billion later that same month. • Primary Drivers: This rapid accumulation of wealth is attributed to a massive rebound in Tesla shares, a significant valuation increase for SpaceX (recently valued at $800 billion), and the growth of his AI startup, xAI. • Future Outlook: Analysts predict Musk is on track to potentially become the world's first trillionaire by 2027, especially following the approval of a new multi-year Tesla pay package potentially worth $1 trillion if performance goals are met. As of January 2026, he remains the world's wealthiest individual, holding a substantial lead over the next richest person, Google co-founder Larry Page, who is worth approximately $257 billion.