SETTING THE RECORDS STRAIGHT ON CITIZEN ASAR MICHAEL SESUGH'S DEATH. (PHOTO).#PRESS RELEASE.

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 Setting the Records Straight on  Citizen Asar Michael Sesugh's  Death The Economic and Financial Crimes Commission,  EFCC,  considered it imperative to clear the air on some recent incidents at its Makurdi Zonal Directorate,  Benue State.   Operatives of the Directorate arrested 26 suspected cyber fraudsters on April 28,  2026.  They were profiled and kept in custody for further investigations after obtaining a Remand Order at a Magistrate Court.  Shortly after their arrest,  specifically on May 4,  2026,  three of the suspects sought permission to use the lavatory at the Directorate's  Holding Facility and were permitted.   They cashed in on the opportunity,  broke the toilet's roof and escaped from detention.  Several efforts were made to re- arrest them to no avail. However,  fresh intelligence came on Thursday,  May 21,  2026 that one of the escaped suspects,   As...

MUSK REACHES $500 BILLION NET WORTH, FIRST PERSON TO DO SO, FORBES SHOWS. (PHOTO).



Musk reaches $500 billion net worth, first person to do so, Forbes shows

Elon Musk became the first person to surpass $500 billion in net worth on Wednesday, driven by a rebound in Tesla shares and rising valuations of his other tech ventures. The milestone comes less than a year after his wealth topped $400 billion, highlighting his position as the world’s richest individual. Musk’s fortune briefly hit $500 billion before settling at $499.1 billion at 5 p.m. ET, according to Forbes’ billionaires index.

Much of Musk’s wealth is tied to his roughly 12% stake in Tesla, whose stock has risen about 14% so far this year following a volatile start. Last month, Musk disclosed purchasing around $1 billion in Tesla shares, signaling confidence in the company as it pivots toward AI and robotics. Tesla also proposed a $1 trillion compensation plan for Musk, the largest ever for a corporate executive, setting ambitious operational and financial targets while addressing his requests for a larger stake. Beyond Tesla, Musk’s ventures—including SpaceX and AI startup xAI—have also grown in value this year, with valuations reportedly reaching $400 billion and $200 billion, respectively. Oracle founder Larry Ellison remains the second-richest person, with a net worth of approximately $350.7 billion.

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