Try GOLD - Free
Musk becomes first person to hit $500 billion net worth
Millennium Post Delhi
|New Delhi 03October2025
‘Musk’s fortune briefly hit $500 billion on Wednesday, before settling at $499.1 bn at 5 pm ET’
-
Elon Musk on Wednesday became the first person to surpass $500 billion in net worth, powered by a rebound in Tesla’s share price this year and swelling valuations of his other tech ventures.
The milestone comes just under a year after Musk’s net worth crossed $400 billion and underscores his lead as the world’ richest person.
Musk’s fortune briefly hit $500 billion on Wednesday, before settling at $499.1 billion at 5 p.m. ET, according to Forbes’ billionaires index.
His wealth is tied closely to his about 12 per cent stake in Tesla, the world’s most valuable automaker. The electric-vehicle maker's stock has climbed about 14 per cent so far this year after a choppy start, Reuters reported.
This story is from the New Delhi 03October2025 edition of Millennium Post Delhi.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Millennium Post Delhi
Millennium Post Delhi
Sanya wants to create her DANCE FILM
'I'm truly myself when I'm dancing,' she says
1 mins
New Delhi 03October2025
Millennium Post Delhi
Inquiry to conclude in 4 weeks
A magisterial inquiry ordered into the September 24 violence in Leh that left four people dead and scores injured would be completed within four weeks, officials said.
1 mins
New Delhi 03October2025
Millennium Post Delhi
India at the Crossroads
Amid tariffs, energy shocks, shifting alliances, and global crises, India’s role is no longer passive balancing — but active pivoting to shape outcomes
5 mins
New Delhi 03October2025
Millennium Post Delhi
CM Gupta credits PM Modi for putting YOGA on global stage
Calling yoga an “art of living” that balances body, mind, and soul, Chief Minister Rekha Gupta on Thursday highlighted the spiritual and health benefits of the ancient practice.
1 mins
New Delhi 03October2025
Millennium Post Delhi
State-Level Wildlife Week Celebration 2025’ launched
The ‘State-level Wildlife Week Celebration 2025’ was organised on ‘Thursday at the Aravalli region near Ram Mandir complex in Manesar, Gurugram.
1 min
New Delhi 03October2025
Millennium Post Delhi
Musk becomes first person to hit $500 billion net worth
‘Musk’s fortune briefly hit $500 billion on Wednesday, before settling at $499.1 bn at 5 pm ET’
2 mins
New Delhi 03October2025
Millennium Post Delhi
At ₹11,600 crore, LG Electronics IPO to be 2nd biggest issue in 2025
The Rs 11,600-crore initial public offering (IPO) for LG Electronics India, the domestic arm of South Korea-based global electronics giant, is set to be the second biggest such offering in the current year.
1 mins
New Delhi 03October2025
Millennium Post Delhi
Amid coaching concerns, Centre may ease difficulty level of JEE, NEET exams
Goverment is analysing data to review difficulty of entrance exams
1 min
New Delhi 03October2025
Millennium Post Delhi
SIR akin to Bihar across states to witness removal of dead voters
The Election Commission of India (ECI) is set to expand its Special Intensive Revision (SIR) of electoral rolls across states, a move expected to replicate the large-scale deletions of deceased voters witnessed recently in Bihar.
1 mins
New Delhi 03October2025
Millennium Post Delhi
WOMEN'S WORLD CUP Bangladesh's Rubya leads the way vs Pak
An unbeaten half-century from Rubya Haider and her match-winning partnership with skipper Nigar Sultana, backed by fine bowling from young pacer Marufa Akter, helped Bangladesh thrash an out-of-depth Pakistan by seven wickets in their ICC Women’s World Cup match here on Thursday.
1 mins
New Delhi 03October2025
Listen
Translate
Change font size