While the brief passing ends a consecutive reign by Musk of nearly a year on top of the Bloomberg Billionaires Index, he is back at the top as of Thursday with a wealth of $384 billion. The battle between Musk and Ellison could go back and forth in the short term, with Ellison trailing by only $1 billion.

For the fourth year in a row, the richest person in the United States is the South African-born businessman and political figurehead Elon Musk, according to Forbes. Forbes released its annual list of the 400 wealthiest Americans on Sept. 9. It highlights an unequivocal fact: the rich are getting richer.

Elon Musk is looking to expand his giant net worth even more as the Tesla board of directors has offered to add $1trillion to his pockets, RadarOnline. com can reveal.

The AI pioneer Geoffrey Hinton warned that the tech could erase jobs, erode dignity, and widen the wealth gap.

People assume I have a lot of money. I don’t have hundreds of thousands of dollars at my disposal,” the 21-year-old aspiring model said.