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FIElon Musk became the first person in history to reach a net worth of $748 billion (or around $749 billion), a milestone hit in December 2025, primarily due to a Delaware Supreme Court ruling that reinstated a massive 2018 Tesla stock option package, significantly boosting his wealth beyond $700 billion for the first time for any individual. This achievement followed his earlier milestones of being the first person to reach $300 billion, $400 billion, and $600 billion net worth, solidifying his place as the world's richest person.
Key Details:
The Trigger: A December 2025 ruling by the Delaware Supreme Court restored stock options from a 2018 pay package, previously voided, adding billions in value to Musk's holdings.
Magnitude: His net worth surged to approximately $749 billion, far exceeding previous records for an individual.
Previous Milestones: Musk had already broken records by becoming the first person to hit $300 billion (2021), $400 billion (2024), and $600 billion (December 2025).
Source of Wealth: His wealth is largely tied to his stakes in Tesla and SpaceX, with recent boosts from the reinstated pay package and potential SpaceX IPO reports.
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