ALLISON ROBBERT / Contributor / Getty Images Elon Musk became the first person with a net worth over $500 billion Key Takeaways Tesla CEO Elon Musk, the richest person in the world, saw his net worth surpass $500 billion in October 2025. He is the first person to hit that milestone. Musk is Tesla's largest shareholder, with 19.7% of the company's equity as of August, 2025. Rising Tesla share prices fueled Musk's record net worth. A new proposed pay package, that could grant Musk additional Tesla shar ...

For Elon Musk, being the world's richest man is nothing new. On Wednesday, however, the CEO of Tesla hit a milestone even he hadn't achieved before — an estimated net worth of $500 billion. Forbes called it on Wednesday just before market close, citing its Real-Time Billionaires tracker. The milestone fell following a spike in Tesla's share price. (Much of Musk's wealth is tied to the performance of that company's stock , which has doubled since an April earnings call, when he said he would once again be ...

Core Insights - Barron Trump, at 19 years old, has amassed a net worth of approximately $150 million, surpassing his sister Ivanka and mother Melania [1][2][3] - His wealth is significantly attributed to his early involvement in cryptocurrency, which he introduced to his father, President Donald Trump [2][10] - Barron holds billions in locked-up tokens that could potentially be worth up to $525 million when they become tradable [2][9] Wealth Comparison - Barron has not yet surpassed his older brothers, Don Jr. and Eric, who are valued at $500 million and $750 million respectively, but he has outpaced Ivanka Trump, who is estimated at $100 million [3][4] - Melania Trump has a net worth of around $20 million, primarily from various income sources [4][6] Family Wealth Rankings - Donald Trump leads the family wealth rankings with a net worth of $7.3 billion, bolstered by crypto gains and international licensing deals [6] - Jared Kushner, Ivanka's husband, has also surpassed the billion-dollar mark through his private equity firm and investments [6] Entrepreneurial Activities - Barron is actively pursuing his own business interests, engaging in meetings and developing tech projects during his summer break [8][10] - He is reportedly focused on establishing his own business ventures and has been working on his financial interests [8]

Investment Opportunities - Goldco offers a gold IRA that allows investors to invest in physical gold and other precious metals while benefiting from the tax advantages of an IRA [1] - The company provides free shipping and access to retirement resources with a minimum purchase of $10,000, and matches up to 10% of qualified purchases in free silver [5] Inflation Hedge - Precious metals like gold have been shown to retain their value over time, increasing in value as the purchasing power of the dollar declines [2] - Real estate is highlighted as another effective hedge against inflation, with the rising costs of raw materials and labor driving up property values [6] Real Estate Investment - Companies like First National Realty Partners enable individual accredited investors to access institutional-quality commercial real estate properties leased by national brands [7] - Mogul offers fractional ownership in blue-chip rental properties, providing monthly rental income and tax benefits without the high entry costs typically associated with real estate investments [12] Financial Perspectives - Cardone argues against maintaining emergency savings, suggesting that individuals should focus on generating income through work rather than saving [4] - Contrarily, Robert Kiyosaki advocates for an emergency fund that covers three to twelve months of expenses, emphasizing the importance of investing excess funds [15]

Core Insights - Oracle's stock surge has significantly increased co-founder Larry Ellison's net worth, surpassing Tesla CEO Elon Musk to become the richest person in the world [1][5][8] - The stock price rose over 32% in after-hours trading and continued to increase, reaching a gain of over 39.6% by Wednesday morning [2][8] - Ellison's net worth increased by approximately $111 billion, with his holdings representing about 41% of Oracle's total outstanding shares [2][5] Stock Performance - Oracle's stock price jumped to $344.88, reflecting a change of +103.32 or +42.77% [8] - The surge in Oracle's stock was attributed to a positive earnings release that indicated strong sales and a bullish outlook for the cloud business [1][2] Wealth Comparison - Ellison's net worth rose to about $294 billion before the stock surge, while Musk's net worth was approximately $384 billion prior to the increase [5][9] - Following the stock surge, Ellison's wealth increased by around $70 billion in one day, allowing him to surpass Musk [5][6] Market Context - The net worth of both Ellison and Musk is closely tied to the stock performance of Oracle and Tesla, respectively [10]

Financial Planning Principles - Accumulating the first $100K is the most challenging step in wealth building [1] - Prioritize net worth over salary as a measure of financial success [1] - Cash provides a sense of security, while stocks offer the potential for financial freedom [1] Investment Strategies - The market favors a patient, long-term investment approach [1] - Utilize tax-advantaged accounts like Roths and 401(k)s to minimize tax liabilities [1]