If your self-worth moves with your net worth, you’re not free. ...

Core Insights - Elon Musk became the first individual to surpass a net worth of $500 billion in October 2025, primarily driven by rising Tesla shares [1][6] - Tesla is proposing a new pay package for Musk that could potentially make him a trillionaire if certain milestones are met over the next decade [2][6] - Musk's wealth is significantly influenced by his stakes in Tesla and SpaceX, with Tesla's share price increasing over 60% in 2024 [3][6] Company Overview - Tesla is one of the largest car manufacturers globally, specializing in fully electric vehicles and energy products such as solar panels and battery systems [5] - The company was founded in 2003 and went public in 2010, with Musk becoming CEO in 2008 after investing in the company [5][7] - As of August 2025, Musk holds 19.7% of Tesla's equity, making him the largest shareholder [6]

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]