Saturday, December 13, 2025 | 04:38 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Elon Musk and Jeff Bezos are now worth almost half a trillion dollars

The combined net worth of Elon Musk and Jeff Bezos approached $500 billion on Wednesday

Musk, Bezos
premium

The value of the two fortunes is yet another watershed moment in what’s shaping up to be a historic week for billionaires (Photo: Bloomberg)

Devon Pendleton | Bloomberg
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