Elon Musk has become the first person to reach a net worth of $500bn, bringing the Tesla chief executive halfway to trillionaire status.

Musk’s wealth temporarily crossed the half-trillion mark on Wednesday before retreating to $499bn, according to the Forbes billionaires list.

Musk owns 12% of Tesla, which is worth more than $1.5tn, and his wealth has been boosted this year by surge in the electric carmaker’s share price.

  • JohnEdwa@sopuli.xyz
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    16 days ago

    Shockingly, boycotts don’t work if the actual customers don’t take part in them. Companies don’t care about your feelings, they care about money, and “I’m never buying a thing because of reasons!” doesn’t matter if you weren’t about to buy one in the first place.