Elon MuskThe impact of donald trumpElection victory of 2024. after being made One of Trump’s most prominent supporters During the campaign, Musk was selected to help oversee the newly created Department of Government Efficiency (DOGE) Vivek RamaswamiThe administration has promised sweeping cuts in federal spending and regulations. Musk later announced in May 2025 that his role with the administration had officially ended, although his political involvement and public statements continued to attract attention.
At the same time, Musk’s business empire continued to grow. Tesla remains one of the world’s most valuable automakers, while SpaceX reaches new heights with the continued expansion of Starlink and its historic IPO in June 2026. The blockbuster public offering briefly valued SpaceX at more than $2 trillion and helped make Musk the world’s first trillionaire. Meanwhile, Musk’s artificial intelligence company, XAI, has become a significant part of his fortune as competition in the AI industry intensifies.
Despite fluctuations in the billionaire rankings, Musk remains the world’s richest person by a wide margin. Find out who else is among the richest people on the planet today.
What is Elon Musk’s net worth?
Musk currently has an estimated net worth of $1.1 trillion, according to Forbes real-time billionaires list. The Tesla and SpaceX CEO will remain the world’s richest person in 2026, with most of his wealth tied to his stakes in Tesla, SpaceX, XAI, X and other ventures.
Musk first crossed the $400 billion mark in December 2024, becoming the first person in history to reach this milestone.
What is Larry Ellison’s net worth?
According to Forbes, Ellison’s net worth is approximately $229.3 billion. Most of his wealth comes from his long-term stake in Oracle, where he still serves as chairman and chief technology officer.
Ellison’s wealth increased during the artificial intelligence boom in 2025, when Oracle stock soared following major AI-related business deals and cloud computing developments. In September 2025, he became the second person to surpass $400 billion in wealth and temporarily became the world’s richest person before Musk took the top spot.
Who are the richest people in the world?
The richest people in the world today, according to Bloomberg, forbes And there are many other outlets:
- Elon Musk – $1.1 trillion
- Larry Page – $295.1 billion
- sergey brin – $272.2 billion
- jeff bezos – $246.7 billion
- larry ellison – $229.3 billion
How did Musk make his money?
A significant portion of Musk’s net worth comes from his 12 percent stake in Tesla, representing approximately 412 million shares. He has pledged 58 percent of his Tesla shares as collateral for a personal loan totaling $3.5 billion. In 2022, Musk sold $40 billion worth of Tesla stock to help finance the $44 billion acquisition of Twitter, which he later rebranded as X. Although Musk still owns about 79 percent of the company at that original valuation, Twitter’s value has fallen by about 70 percent by August 2024.
Musk is also a co-founder of SpaceX and The Boring Company and serves as chairman of SolarCity. He owns 43 percent of SpaceX, which was valued at $180 billion in its recent funding round and estimated at $350 billion in December 2024. In contrast, The Boring Company was valued at about $5 billion in its latest round.
Additionally, Musk owns about 54 percent of xAI, the artificial intelligence company he founded in 2023. The startup was valued at $50 billion by November 2024. wall street journal.
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