Elon Musk's net worth has reportedly decreased by approximately $350 billion in the past week due to a significant selloff of SpaceX shares, raising questions about his status as a trillionaire.

Elon Musk's net worth has decreased by $118 billion, causing him to fall below the trillionaire status. This significant decline occurred in a single adjustment, according to Nairametrics.

SpaceX shares fell below their debut price, resulting in a loss of $600 billion in value, before experiencing a recovery of 2.4 percent. This fluctuation occurred amid broader turbulence in the tech market, according to Al Jazeera.

Elon Musk is no longer a trillionaire following a decline in global technology stock prices, which resulted in a loss of $500 billion (£500 billion) in his wealth. This significant drop has affected his financial status, according to Global Publishers.

MrBeast has been named the top creator on the 2026 Forbes Top Creators list, which highlights the top 50 influencers who collectively earned $1 billion. The full list details the earnings and rankings of these influential figures in the creator economy.

South Africa's eight wealthiest individuals and families have a combined estimated net worth of $44.5 billion, which is approximately R729 billion, according to The South African Biz.