Elon Musk has been holding the title of the richest man in the world since 2024, outpacing LVMH CEO Bernard Arnault. xAI and Grok's founder seems to accumulate more wealth every year- starting off at $30 billion (£22.38 billion) in 2020, and growing it to $780 billion (£581.85 billion) by 2026. That means Musk is $20 billion (£14.92 billion) shy of becoming the world's first person ever to be worth $800 billion (£596.77 billion).
As confirmed by Forbes, xAI Holdings had private investors pour in $20 billion (£14.92 billion) in January of 2026, hitting a $250 million (£186.49 million) valuation - $113 billion (£84.29 billion) more than the valuation Musk confirmed in March as he merged X (formerly Twitter) with AI startup xAI.
