Elon Musk Becomes First Trillionaire After SpaceX IPO

Forbes' July 2026 billionaire ranking lists Elon Musk as the world's first trillion‑dollar individual, with a net worth estimated at US$1.053 trillion. The surge follows SpaceX's initial public offering in June 2026, which added roughly US$218 billion to Musk’s fortune in a single month. Musk now holds about 4.8 billion SpaceX shares and 350 million stock options, giving him roughly 38 % of the company and an estimated US$871 billion stake.

The list places Larry Page second with US$291 billion, Sergey Brin third at US$269 billion, Jeff Bezos fourth at US$249 billion, and Michael Dell fifth at US$235 billion. Separate Forbes data show 3,428 billionaires worldwide, whose combined wealth totals US$20.1 trillion, while the poorest half of the global population holds just US$9.4 trillion.

In Indonesia, Forbes highlights local billionaires, naming Prajogo Pangestu as the country’s wealthiest at US$28.6 billion, followed by Low Tuck Kwong, R. Budi Hartono, Michael Hartono, Anthoni Salim, and others. Canadian commentary notes the growing wealth gap, emphasizing that Musk's fortune now exceeds the combined wealth of the next six richest individuals.