Tesla owner’s wealth temporarily crosses half-trillion-dollar mark before retreating to $499bn

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.

    • shalafi@lemmy.worldEnglish
      1·
      2 days ago

      Reading these comments and people seem to think his money works like their money. It’s so naive it’s disheartening.

      • Strider@lemmy.worldEnglish
        1·
        2 days ago

        Hm? Not sure if you’re referring to me or what you might be (possibly legitimately) thinking, throwing me into a pot of ‘these comments’. Which are? I am intrigued anyhow.

        I was just thinking for me, he’s not worth anything. He’s a burden on humanity. But here we go, we make up financials and he’s the top dog.