
Elon Musk has become the first person to reach a net worth of $500 billion (£372.9 billion), and he is now the first to surpass $600 billion.
According to the Bloomberg Billionaires Index, Musk's net worth surged by $167 billion (£124.5 billion) in a single day, soaring to $638 billion (£475.8 billion). Year-to-date, his net worth has climbed by a mammoth $205 billion (£152.8 billion), according to the index. Forbes previously predicted Musk could become a trillionaire by 2033, but recent developments suggest he could reach that milestone much earlier.