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Musk worth $839bn in new Forbes list

By AFP
March 11, 2026
Elon Musk, Chief Executive Officer of Tesla and owner of X, formerly known as Twitter, attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre in Paris, France, June 16, 2023. — Reuters
Elon Musk, Chief Executive Officer of Tesla and owner of X, formerly known as Twitter, attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre in Paris, France, June 16, 2023. — Reuters

NEW YORK: Elon Musk is the wealthiest individual ever recorded, worth an estimated $839 billion, Forbes said Tuesday, as a record 3,428 billionaires worldwide saw their combined fortunes surge to an all-time high of $20.1 trillion.

Musk topped the Forbes World’s Billionaires list for the second consecutive year after his fortune swelled by roughly $500 billion over the past twelve months, driven by rising valuations at Tesla and SpaceX, which is targeting a public offering in 2026. He is the first person ever to surpass the $800 billion mark and is on course to become the world’s first trillionaire.