Bloomberg Billionaires Index

Elon Musk's fortune has dropped to pre-SpaceX IPO levels, with his wealth declining by over $600 billion in a month. The decline is linked to a 46% fall in SpaceX's stock price and a 17% drop in Tesla shares following recent financial reports.

A South Korean court ordered SK Group Chairman Chey Tae-won to pay his ex-wife Roh Soh-yeong US$644 million in a divorce-related property division case, which would be South Korea's most expensive divorce if finalized. The amount is lower than a previous 1.38 trillion won award.

A federal judge ordered the release of $5 million to E. Jean Carroll in her sexual-abuse lawsuit against Donald Trump, rejecting Trump’s request to delay the payout during his Supreme Court appeal. Trump plans to challenge the ruling in a federal appeals court, arguing the money should remain held until his appeal is final.

Michael Dell, founder and CEO of Dell Technologies, has become the fifth-richest person with a net worth of $216 billion, driven by a 225% stock price increase and soaring AI equipment sales. His company's first-quarter revenue hit $44 billion, with AI server sales up 757%.

Elon Musk is no longer a trillionaire as his net worth dropped to $946 billion, according to the Bloomberg Billionaires Index. The decline is attributed to falling SpaceX stock.