Elon Musk’s affect expanded far past the tech world following Donald Trump’s 2024 election victory. After turning into one among Trump’s most distinguished supporters throughout the marketing campaign, Musk was tapped to assist oversee the newly created Division of Authorities Effectivity (DOGE) alongside Vivek Ramaswamy, with the administration promising sweeping cuts to federal spending and rules. Musk later introduced in Might 2025 that his position with the administration had formally ended, although his political involvement and public statements continued drawing consideration.
On the similar time, Musk’s enterprise empire stored rising. Tesla remained one of many world’s most respected automakers, whereas SpaceX reached new heights with the continued enlargement of Starlink and its historic IPO in June 2026. The blockbuster public providing briefly valued SpaceX at greater than $2 trillion and helped make Musk the world’s first trillionaire. In the meantime, Musk’s synthetic intelligence firm, xAI, has turn into an more and more important a part of his fortune as competitors within the AI business intensifies.
Regardless of fluctuations within the billionaire rankings, Musk stays the richest particular person on the earth by a large margin. Discover out who else ranks among the many wealthiest individuals on the planet right now.
What Is Elon Musk’s Web Price?
Musk presently has an estimated web value of $1.1 trillion, in keeping with Forbes’ Actual-Time Billionaires Listing. The Tesla and SpaceX CEO stays the richest particular person on the earth in 2026, with a lot of his fortune tied to his stakes in Tesla, SpaceX, xAI, X, and different ventures.
Musk first surpassed the $400 billion mark in December 2024, turning into the primary particular person in historical past to succeed in that milestone.
What Is Larry Ellison’s Web Price?
Ellison has a web value of about $229.3 billion, in keeping with Forbes. Most of his fortune comes from his longtime stake in Oracle, the place he nonetheless serves as chairman and chief expertise officer.
Ellison’s wealth surged in 2025 throughout the synthetic intelligence growth, when Oracle inventory soared after main AI-related enterprise offers and cloud computing progress. In September 2025, he briefly grew to become the second particular person ever to surpass a $400 billion web value and briefly overtook Musk because the world’s richest particular person earlier than Musk reclaimed the highest spot.
Who Are the Richest Folks within the World?
As of right now, the richest individuals on the earth in keeping with Bloomberg, Forbes and several other different shops are:
- Elon Musk – $1.1 trillion
- Larry Web page – $295.1 billion
- Sergey Brin – $272.2 billion
- Jeff Bezos – $246.7 billion
- Larry Ellison – $229.3 billion
How Did Musk Make His Cash?
A good portion of Musk’s web value comes from his 12 p.c stake in Tesla, which represents roughly 412 million shares. He has pledged 58 p.c of his Tesla shares as collateral for private loans totaling $3.5 billion. In 2022, Musk offered $40 billion value of Tesla inventory to assist fund his $44 billion acquisition of Twitter, which he later rebranded as X. Though Musk nonetheless owns roughly 79 p.c of the corporate at that unique valuation, Twitter’s value has dropped by practically 70 p.c as of August 2024.
Musk can also be the co-founder of SpaceX and The Boring Firm and serves as chairman of SolarCity. He owns 43 p.c 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 p.c of xAI, the substitute intelligence firm he based in 2023. The startup was valued at $50 billion as of November 2024, in keeping with the Wall Road Journal.
