Elon Musk, the tech mogul, has an estimated net worth of $832.1 billion, surpassing the combined wealth of 693 'poorest' billionaires, according to a report by Forbes.
The outlet revealed that Musk's fortune exceeds the collective wealth of the world's 693 'poorest' billionaires, who have net worths ranging from $1 billion to $1.4 billion.
Musk, who cofounded companies like Tesla, SpaceX, and xAI, has shattered multiple financial records over the past year, becoming the first person in history to cross the $500 billion, $600 billion, $700 billion, and, most recently, the $800 billion mark.
Under his new performance-based pay package at Tesla, Musk may become the world's first trillionaire, provided the EV giant hits its next set of ambitious growth targets.