Elon Musk has strengthened his position as the world’s richest person, with his fortune rebounding sharply in August to an estimated $892 billion, according to Forbes.
Musk’s wealth increased by $202 billion in one month, following a $363 billion decline in July. The surge was driven largely by gains in the value of his stakes in SpaceX and Tesla.
Despite the dramatic swings in his fortune, Musk remains far ahead of the rest of the world’s billionaires. He is now less than $110 billion away from becoming a trillionaire again, after becoming the first person in history to reach the milestone earlier this year.
According to Forbes estimates as of Tuesday, the world’s 10 richest people are:
Elon Musk — $892 billion
