Elon Musk's net worth exceeded $1 trillion, making him too wealthy for the rich list. As of Monday's market close, Musk was worth $1.08 trillion per the Bloomberg Billionaires Index, wealthier than the next four richest people combined: Larry Page ($299 billion), Sergey Brin, Jeff Bezos, and Larry Ellison, who together were worth $1.06 trillion. Musk lost $152 billion on Monday, fueled by a 16% plunge in SpaceX's stock after its IPO, a sum exceeding Warren Buffett's entire $146 billion fortune. The key reason for Musk's net worth skyrocketing has been SpaceX's soaring valuation, boosting his fortune by $456 billion in less than six months. However, less than two weeks after becoming the first person to reach the milestone, Musk's net worth was valued at $946 billion as of Wednesday, down from about $1.11 trillion, after shares of SpaceX and Tesla dropped.