Elon Musk Added $875 Million A Day to His Fortune in One Year
Summarized by AI; it may make mistakes. Check important info
Summarized by AI; it may make mistakes. Check important info
Elon Musk added an estimated $320 billion to his fortune between July 2025 and July 2026, translating to roughly $875 million a day, according to an analysis by BestBrokers based on Forbes’ real-time billionaire data.
Musk’s Wealth Surges by $320 Billion
The analysis compared the estimated fortunes of the world’s wealthiest people on July 27, 2025 and July 27, 2026. Musk recorded the biggest increase, with his wealth rising by $320 billion over the 12-month period.
Musk has remained the world’s richest person since May 2024. His fortune also briefly crossed the $1 trillion mark after SpaceX went public on June 12, 2026, making him the first person to reach that milestone, according to the report.
His estimated wealth has since fallen to around $690 billion following a decline in SpaceX shares, the report said.
Michael Dell Ranks Second
Musk’s gain was far ahead of other billionaires tracked in the analysis.
Michael Dell, founder and CEO of Dell Technologies, recorded the second-largest increase, adding $107.6 billion to his fortune during the same period.
The list also reflected the rapid rise of technology fortunes. DeepSeek founder Liang Wenfeng’s estimated wealth jumped from $1 billion in 2025 to $39.5 billion in 2026, representing an increase of about 3,850 per cent.
How Musk Built His Fortune
Musk first appeared on the Forbes billionaire list in 2021 and has since repeatedly set new wealth records. Born in South Africa, he moved to Canada before turning 18 and later studied economics at the University of Pennsylvania.
His first billion came from the sale of PayPal. An online bank he co-founded merged with Peter Thiel’s PayPal and was later acquired by eBay for $1.4 billion in 2002.
