Economy Events Country 2025-12-21T16:33:56+00:00

Elon Musk's Wealth Surpasses $700 Billion

Elon Musk sets a record as the first person in history with a net worth over $700 billion, driven by a court ruling on his Tesla compensation.


Elon Musk's Wealth Surpasses $700 Billion

Elon Musk has become the first person in history to see his net worth exceed $700 billion, marking an unprecedented financial milestone. According to the Forbes billionaires index, accessed by the Argentine News Agency, the tycoon's fortune surged to $749 billion, solidifying his position as the wealthiest person the world has ever known. This exponential growth followed a key ruling from the Delaware Supreme Court that reinstated his lucrative compensation plan at Tesla, which had previously been nullified. The judicial decision not only returned Musk stock options valued at approximately $139 billion but also upheld the validity of salary agreements approved by shareholders. Analysts noted after the ruling, "The ruling reinforces Musk's financial position and sets a significant precedent regarding the validity of executive compensation in large corporations." With this new record, Musk now surpasses his closest follower, Google co-founder Larry Page, by nearly $500 billion and is on a trajectory that, according to financial experts, could make him the world's first trillionaire in the short term.