New York: Elon Musk has once again secured his position as the world’s richest person, with Forbes estimating his net worth at over $500 billion, making him the first individual in history to reach this milestone. The surge comes largely from the strong performance of Tesla shares and the high valuations of his other ventures, including SpaceX and xAI.

The ranking of the world’s wealthiest individuals has seen volatility in recent weeks. Oracle co-founder Larry Ellison briefly overtook Musk earlier in September after a sharp rise in Oracle’s stock price, but Musk quickly regained the top spot. Bloomberg’s Billionaires Index, which uses a more conservative valuation method, currently places Musk’s net worth in the $380–400 billion range, showing a notable difference compared to Forbes’ e

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