Elon Musk, the world’s wealthiest individual, has etched his name in history by becoming the first person to amass a net worth exceeding $500 billion, as reported by Forbes’ real-time billionaires index. This unprecedented achievement underscores Musk’s dominance in the global tech and business arenas, leaving his competitors far behind. On Wednesday afternoon in New York, Musk’s fortune momentarily peaked at $500.1 billion before settling slightly above $499 billion later in the day. The bulk of Musk’s wealth is attributed to his 12% stake in Tesla, the electric vehicle giant whose stock has experienced a meteoric rise this year. Musk, who also spearheads SpaceX, Neuralink, and other groundbreaking ventures, has consistently led global wealth rankings. However, this milestone marks the first instance of any individual surpassing the half-trillion-dollar mark. Forbes further speculates that Musk could potentially become the world’s first trillionaire by 2033.