Elon Musk becomes world's first trillionaire as tech stocks sell-off hits other billionaires
By
Forbes Wealth Team
Summary
Elon Musk became the world's first trillionaire in June 2026 after SpaceX's public offering boosted his net worth by $218 billion to an estimated $1.053 trillion. Meanwhile, the rest of the top 10 richest people saw their fortunes decline by $181 billion combined amid a broad tech stock sell-off. The article provides a detailed ranking and analysis of the world's ten wealthiest individuals as of July 2026.
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bskyElon Musk becomes world's first trillionaire as tech stocks sell-off hits other billionairesforbes.comKey quotes
· 3 pulledElon Musk became the first trillionaire in world history in June after SpaceX went public during the month, helping boost the fortune of the rocketmaker's founder by an estimated $218 billion over the past 30 days, to an estimated $1.053 trillion as of July 1 at 12 a.m. Eastern time.
Only two of the world's ten wealthiest people got richer over the past month amid a broad sell-off of tech stocks.
The rest of the top 10 richest people on the planet didn't fare so well, as their net worths fell by $181 billion combined.
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