The biographical drama «Michael», dedicated to the life and legacy of the King of Pop, Michael Jackson, has set a new record. The film has officially crossed the historic $1 billion mark in worldwide box office revenue, becoming the most successful biopic in cinematic history.

According to Variety, the movie earned $629.8 million internationally and an additional $371.8 million in the United States, bringing its total global gross to $1.001 billion.

Since its highly anticipated premiere in April, the biopic has steadily outperformed the genre’s biggest titles. Previously, the all-time record among music biopics belonged to the acclaimed hit «Bohemian Rhapsody», which grossed an impressive $911 million worldwide.

«Michael» has now surpassed not only that milestone but also Christopher Nolan’s «Oppenheimer», which concluded its theatrical run with a worldwide total of $975 million.

The film’s remarkable success also marks a historic achievement for Lionsgate. «Michael» has officially become the highest-grossing release in the studio’s history and the first Lionsgate-exclusive production to reach the coveted $1 billion milestone. The company’s previous record holders were «The Hunger Games: Catching Fire» with $865 million and «The Twilight Saga: Breaking Dawn – Part 2» with $850 million.

The film was directed by Antoine Fuqua, while the role of the legendary performer was played by his nephew, Jaafar Jackson.

Photo: Screen

American entrepreneur Elon Musk has become the first person in the world whose net worth exceeds $800 billion, Forbes reports.

This milestone came after his company SpaceX acquired xAI – Musk’s artificial intelligence startup that created the chatbot Grok. According to Forbes, the deal increased Musk’s net worth by $84 billion, bringing it to a record $852 billion.

Before the acquisition, Musk owned approximately 42% of SpaceX shares, valued at $336 billion, and around 49% of xAI shares, worth $122 billion.

After the merger of the two companies, Forbes calculated that Musk now controls 43% of the combined entity, valued at $542 billion. This makes SpaceX his most valuable asset.

In addition, Musk owns 12% of Tesla shares, estimated at $178 billion, and holds stock options worth another $124 billion.

As Forbes notes, this is already the second instance within a year of Musk’s companies merging: last March, he announced the merger of xAI with the social network X (formerly Twitter).

Currently, Musk’s wealth exceeds that of the world’s second-richest person – Google co-founder Larry Page – by $578 billion. Page’s net worth is estimated at $281 billion. This means Musk needs roughly half of that amount to become the world’s first trillionaire.