Elon Musk becomes the world's first billionaire with a net worth of 500 billion dollars
According to Forbes magazine, entrepreneur Elon Musk has become the first individual in history with a net worth exceeding 500 billion dollars.
According to real-time data from Forbes' billionaires list, at 3:30 PM Eastern Time in the United States (10:30 PM Moscow Time), the entrepreneur's assets reached 500 billion dollars.
Forbes attributes Musk's rapid increase in net worth to his decision to step down from leading the US government's department for improving efficiency, thus focusing more on business. Currently, Musk remains at the top of the global billionaires list.
The report mentions: "If this growth momentum continues, Musk is expected to become the world's first billionaire with a net worth of 1 trillion dollars before March 2033."
As previously reported by "Viewpoint," in December last year, Musk set a record as the first person with a net worth exceeding 400 billion dollars.
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