Elon Musk leads global billionaire rankings with $1.11 trillion net worth, far ahead of rivals as tech founders dominate the world’s richest list.

India, June 13 -- SpaceX's recent IPO was a grand success. And today, it was declared that the Canadian businessman is now a trillionaire. As a result, his net worth skyrocketed.

Over the years, Elon Musk has proven himself to be a savvy businessman, with a list of successful investments and products attached to his name. He helped to revolutionize the auto industry, popularizing electric cars with Tesla,

Elon Musk today became something no human being has ever been before: a dollar trillionaire. SpaceX priced its initial public offering at $135 per share on Thursday, valuing the rocket, satellite and artificial intelligence company at roughly $1.

Elon Musk's $1.1 trillion net worth now exceeds the GDP of all but 21 world economies. See the IMF data and the controversy surrounding this unprecedented wealth.