Elon Musk has seen his wealthiness diminution importantly successful 2025. But he is still nan richest man connected Earth | Credit: Photo Agency/Shutterstock
Elon Musk’s nett worthy has dropped by $75 cardinal from $432 cardinal to $357 cardinal amid Tesla’s banal falling 18 per cent successful 2025, governmental fallout pinch President Donald Trump and wide vandalism targeting his EV brand, according to a Fortune study connected Yahoo.
The only different billionaire whose nett worthy has dropped truthful importantly is Bill Gates, but successful his case, he’s been giving it distant to philanthropy.
On nan flipside, Larry Ellison and Mark Zuckerberg saw important gains from nan AI rally. For Elon Musk, 2025 has been a volatile year. In January, he (and his Tesla shares) were flying precocious connected relationship of his lukewarm narration pinch nan world’s astir powerful man, nan US president.
The bromance was successful decline
A fewer months later, nan narration pinch Trump went sour, and Musk, nan wealthiest man connected nan planet, was retired of nan White House. He near down nan Department of Government Efficiency, which he helped create, to refocus connected Tesla arsenic it suffered boycotts and a stock value pinch rollercoaster movement.
Then, nan narration soured further, pinch Trump threatening to propulsion contracts for Musk’s backstage business.
On nan last time of 2024, Musk’s nett worthy stood astatine $432 billion—some measurement disconnected his all-time precocious of $486 billion, but acold from its low. At nan clip of writing, Musk’s nett worthy stands astatine $357 billion, per nan Bloomberg Billionaires Index, representing a $75 cardinal decline.
Others person seen their wealthiness soar
Conversely, galore different group connected nan world’s rich | database person seen their fortunes soar connected relationship of an AI-driven rally successful nan markets. Oracle’s Larry Ellison, for example, is up from $192 cardinal astatine nan extremity of past twelvemonth to $303 cardinal astatine present. Meta’s Mark Zuckerberg is up from $207 cardinal astatine nan extremity of 2024 to $272 cardinal astatine nan clip of writing, Fortune added.
Amazon laminitis Jeff Bezos has netted a nonaccomplishment from $239 cardinal astatine nan extremity of 2024 to $234 cardinal astatine nan clip of writing—a fraction of nan simplification seen successful Musk’s empire.
Bloomberg’s Billionaires Index reveals that Gates’s luck fell from $175 cardinal to $124 cardinal overnight connected July 2nd, though this is owed to a recalculation. The scale explained that nan fig was lowered “to bespeak Gates’ extracurricular charitable giving better.”
The figure, Bloomberg added, was besides updated to bespeak Gates’ connection confirming he was giving distant practically each of his money to his foundation.
Gates said nan aid of his nett worth—approximately $100 billion—comes pinch a caveat: The foundation’s work, and its $200 cardinal (including its existent endowment and projected growth), must beryllium spent successful nan adjacent 20 years. Then nan Gates Foundation will unopen its doors forever.