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Elon Musk Surpasses $831.1 Trillion, Becomes First Human to Reach Such Wealth
San Francisco, CA – October 5, 2025 – Elon Musk has achieved a historic milestone, becoming the first person in the world to surpass a net worth of IDR 8,311 trillion (approximately $539.7 billion USD), according to recent reports from Forbes. This surge in wealth is primarily driven by the performance of his electric vehicle company, Tesla, alongside contributions from his space exploration firm, SpaceX, and artificial intelligence start-up, xAI.
Musk briefly ceded the title of world’s richest person earlier this week to Oracle founder Larry Ellison, whose wealth increased following a significant jump in Oracle’s share price fueled by promising developments in cloud infrastructure and artificial intelligence. However, a rebound in Tesla’s stock quickly restored musk to the top spot.Ellison currently holds the second position with an estimated wealth of around $350.7 billion (approximately IDR 5,830 trillion).
The resurgence in Tesla’s value is attributed to renewed investor confidence stemming from Musk’s stated intention to dedicate more time to his business ventures. Previously, Musk faced criticism regarding his involvement with the Department of Government Efficiency (DOGE) under the administration of President Donald Trump.
According to the Forbes billionaire index, as of Wednesday, September 10, 2025, Ellison had temporarily overtaken Musk as the world’s wealthiest individual. Oracle shares had risen more than 40 percent due to positive outlooks for its cloud infrastructure business and AI-related deals. though, this lead proved short-lived as Tesla shares afterward experienced gains.
