Elon Musk’s wealth has seen a dramatic fall in 2025, yet he remains unrivaled atop the global billionaire rankings.
At the end of 2024, Musk’s fortune soared to an astonishing $432 billion, thanks largely to Tesla’s meteoric stock rise. He added $203 billion in wealth that year, even becoming the first individual ever to surpass the $400 billion milestone.
However, the start of 2025 told a very different story. With Tesla shares plunging, Musk’s net worth has now slipped to around $310 billion, marking a stunning $122 billion decline in just a few short months, according to Bloomberg.
Despite the Drop, Musk Remains Unmatched
Even with this colossal loss, Musk still holds a commanding lead over other billionaires. Amazon founder Jeff Bezos trails with $202 billion, while Nvidia’s Jensen Huang and entrepreneur Mark Cuban follow with $90 billion and $7.55 billion, respectively.
Combined, Bezos, Huang, and Cuban’s wealth totals around $299.55 billion — still shy of Musk’s current fortune. Even adding Palantir CEO Alex Karp’s $9.35 billion wouldn’t quite catch him.
Tesla’s Troubles Behind the Wealth Loss
The major driver of Musk’s declining net worth is the sharp drop in Tesla’s stock price. After soaring to all-time highs in December 2024, Tesla shares have plunged by 32.6% year-to-date in 2025.
A key factor has been the backlash following Musk’s role in the Trump administration’s Department of Government Efficiency. Protests, boycotts, and a hit to Tesla’s brand image have caused sales to falter, particularly in Europe and other international markets.
Can Musk Avoid Another Guinness World Record?
In 2021, Musk famously set a Guinness World Record for the largest single-year drop in personal wealth, losing between $180 billion and $200 billion. If Tesla’s fortunes don’t turn around soon, 2025 could see Musk breaking his own record once again.
Still, with upcoming catalysts for Tesla, such as product launches and potential market recoveries, there’s a chance Musk could stabilize his wealth before the end of the year.
For now, despite the turmoil, Elon Musk remains the undisputed king of wealth, and his story continues to be one of the most fascinating in financial history.
