Elon Musk’s fortune has reached a level that few people in history have ever seen. According to recent estimates, the Tesla and SpaceX CEO is now worth more than the combined wealth of the bottom 693 billionaires on the global rich list. The comparison highlights just how concentrated wealth has become at the very top of the billionaire rankings. Musk’s net worth has surged alongside the massive rise in Tesla’s stock price and the growing influence of his other ventures, including SpaceX, xAI and his social platform X. Because much of his wealth is tied to equity in these companies, fluctuations in stock prices can swing his fortune by tens of billions of dollars in a single day. Still, the scale of the gap is striking. While the billionaire club itself represents the wealthiest individuals in the world, Musk’s fortune alone now surpasses the combined net worth of hundreds of those members at the bottom of the list. It’s a reminder of how powerful founder-led tech companies can be when...