New Delhi, Dec. 21 -- Elon Musk has become the first person ever worth over $700 billion, according to the Forbes real-time billionaire ranking, thanks to the Delaware Supreme Court reinstating his massive $56 billion pay package from Tesla in 2018.

The SpaceX and Tesla chief is now richer than the next three tech billionaires on the list combined - Google's Larry Page (worth $252.6 billion), Oracle's Larry Ellison (242.7 billion), and Amazon's Jeff Bezos ($239.4 billion), data showed. He exceeds Larry Page alone by nearly $500 billion.

Separately, the Bloomberg Billionaires Index (BBI) showed the world's richest man is worth $642 billion, at time of writing.

The surge in net worth for Elon Musk came after the Delaware Supreme Court on...