Since Election Evening, Elon Musk, who performed an energetic position in President Donald Trump‘s efforts to safe a second time period in 2025, solely gained better affect in Trump’s interior circle till their falling out. In November 2024, Trump introduced that Musk, together with former Republican presidential candidate Vivek Ramaswamy, would lead the newly established Division of Authorities Effectivity (DOGE), which was not an official authorities company. Trump mentioned the duo “will pave the best way for my administration to dismantle authorities paperwork, lower extreme rules, remove wasteful spending, and restructure federal businesses.”
Along with this position, Trump’s continued endorsement of Musk initially helped increase his enterprise ventures. For instance, SpaceX’s valuation surged to round $350 billion, in accordance with a Bloomberg report from December 2024.”
Nevertheless, Musk’s top-ranking because the world’s richest man was dethroned by fellow billionaire Larry Ellison, who as of 2025, is now the wealthiest particular person on earth, in accordance with Bloomberg.
Discover out who else is at the moment among the many richest individuals on the earth.
What Is Elon Musk’s Web Value?
Musk has an estimated worth of round $385 billion as of 2025, in accordance with a number of shops. In December 2024, he reached his highest internet price, surpassing $400 billion, however that decreased the next 12 months.
What Is Larry Ellison’s Web Value?
Ellison has a internet price of about $390 billion due to a surge in his firm Oracle’s inventory pricing skyrocketed in September 2025. Simply days prior, Ellison’s internet price was $100 billion decrease.
Who Are the Richest Individuals within the World?
As of right this moment, the richest individuals on the earth in accordance with Bloomberg, Forbes and a number of other different shops are:
- Larry Ellison — $390 billion
- Elon Musk – $385 billion
- Mark Zuckerberg – $274 billion
- Jeff Bezos – $246 billion
How Did Musk Make His Cash?
A good portion of Musk’s internet price comes from his 12 % stake in Tesla, which represents roughly 412 million shares. He has pledged 58 % of his Tesla shares as collateral for private loans totaling $3.5 billion. In 2022, Musk offered $40 billion price of Tesla inventory to assist fund his $44 billion acquisition of Twitter, which he later rebranded as X. Though Musk nonetheless owns roughly 79 % of the corporate at that authentic valuation, Twitter’s price has dropped by practically 70 % as of August 2024.
Musk can be the co-founder of SpaceX and The Boring Firm and serves as chairman of SolarCity. He owns 43 % of SpaceX, which was valued at $180 billion in its most up-to-date funding spherical and was estimated at $350 billion in December 2024. The Boring Firm, in distinction, was valued at round $5 billion in its newest spherical.
Moreover, Musk owns about 54 % of xAI, the unreal intelligence firm he based in 2023. The startup was valued at $50 billion as of November 2024, in accordance with the Wall Avenue Journal.
