The combined net worth of Elon Musk and Jeff Bezos approached $500 billion on Wednesday, fueled by the unrelenting rally in Tesla Inc. shares and a broad surge in tech stocks that sent the Nasdaq 100 to an intraday record.
The value of the two fortunes -- a sum bigger than the market value of Johnson & Johnson and about equal to that of America’s biggest bank, JPMorgan Chase & Co. -- is yet another watershed moment in what’s shaping up to be a historic week for billionaires.
A groundbreaking proposal from Senate Finance Chair Ron Wyden to tax billionaires on

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