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Musk has defended his wealth by saying he is accumulating resources for humanity's outward expansion to space. [12] At the start of 2020, Elon Musk had a net worth of $27 billion. [13] By the end of the year his net worth had increased by $150 billion, mostly driven by his ownership of around 20% of Tesla stock. [14]
Elon Musk is the wealthiest person in the world, with an estimated net worth of US$436 billion as of January 22, 2025, according to the Bloomberg Billionaires Index, [387] and $426 billion according to Forbes, [388] primarily from his ownership stakes in Tesla, Inc. and SpaceX.
Over half of the list is less wealthy compared to the previous year, including Elon Musk, who fell from No. 1 to No. 2. [7] The list also marks for the first time a French citizen was in the top position as well as a non-American for the first time since 2013 when the Mexican Carlos Slim Helu was the world's richest person.
Elon Musk has had a big year with Tesla and SpaceX soaring in value, supercharging his net worth. He helped Donald Trump win reelection and intends to transform the US government in 2025. Scroll ...
The world's 10 wealthiest people added more than $500 billion to their combined fortunes in 2024. The top 20 gained $700 billion and ended the year with a total worth above $3 trillion. Elon Musk ...
Elon Musk's net worth has rocketed by $218 billion this year — more than the entire fortune of anyone other than Jeff Bezos and Mark Zuckerberg. ... Just five years ago, Musk was worth about $25 ...
Year Total number of billionaires Combined wealth of known billionaires Number of billionaires World's wealthiest individual U.S. Chinese Indian German Russian Name Net worth 2021 [21] 2,755 724 626 140 136 117 Elon Musk: $320 billion [22] 2020 [23] [24] 2,095 $10.2 trillion 614 389 102 99 Jeff Bezos: $188 billion 2019 [25] [26] 2,153–2,604 ...
The world's 10 biggest wealth gainers have grown $790 billion richer in 2024. Elon Musk leads the list with a $257 billion gain that has boosted his net worth to $486 billion.