Billionaire Elon Musk's net worth has reached $500.1 billion (£370.9 billion) following a surge in the valuation of Tesla and his wider portfolio View 2 Images His fortune has soared (Image: Getty Images for The Met Museum/Vogue)

Elon Musk has become the first person to see their personal fortune exceed $500 billion (£370.9 billion). The milestone was passed following a surge in the valuation of Tesla and his wider portfolio of technology ventures. ‌

The billionaire entrepreneur’s net worth reached $500.1 billion on Wednesday afternoon in New York, before easing slightly to just over $499 billion later in the day, according to the Forbes billionaires index. Musk, who leads Tesla, rocket company SpaceX, and artificial intelligence startup xAI, has seen the valuations of

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