Elon Musk has seen his wealth decline considerably in 2025. However he’s nonetheless the richest man on Earth | Credit score: Photograph Company/Shutterstock
Elon Musk’s internet value has dropped by $75 billion from $432 billion to $357 billion amid Tesla’s inventory falling 18 per cent in 2025, political fallout with President Donald Trump and widespread vandalism concentrating on his EV model, in line with a Fortune report on Yahoo.
The one different billionaire whose internet value has dropped so considerably is Invoice Gates, however in his case, he’s been giving it away to philanthropy.
On the flipside, Larry Ellison and Mark Zuckerberg noticed vital good points from the AI rally. For Elon Musk, 2025 has been a risky yr. In January, he (and his Tesla shares) had been flying excessive on account of his heat relationship with the world’s strongest man, the US president.
The bromance was in decline
A couple of months later, the connection with Trump went bitter, and Musk, the wealthiest man on the planet, was out of the White Home. He left behind the Division of Authorities Effectivity, which he helped create, to refocus on Tesla because it suffered boycotts and a share value with rollercoaster motion.
Then, the connection soured additional, with Trump threatening to tug contracts for Musk’s personal enterprise.
On the ultimate day of 2024, Musk’s internet value stood at $432 billion—a way off his all-time excessive of $486 billion, however removed from its low. On the time of writing, Musk’s internet value stands at $357 billion, per the Bloomberg Billionaires Index, representing a $75 billion decline.
Others have seen their wealth soar
Conversely, many different individuals on the world’s wealthy listing have seen their fortunes soar on account of an AI-driven rally within the markets. Oracle’s Larry Ellison, for instance, is up from $192 billion on the finish of final yr to $303 billion at current. Meta’s Mark Zuckerberg is up from $207 billion on the finish of 2024 to $272 billion on the time of writing, Fortune added.
Amazon founder Jeff Bezos has netted a loss from $239 billion on the finish of 2024 to $234 billion on the time of writing—a fraction of the discount seen in Musk’s empire.
Bloomberg’s Billionaires Index reveals that Gates’s fortune fell from $175 billion to $124 billion in a single day on July 2nd, although this is because of a recalculation. The index defined that the determine was lowered “to mirror Gates’ exterior charitable giving higher.”
The determine, Bloomberg added, was additionally up to date to mirror Gates’ assertion confirming he was freely giving virtually all of his cash to his basis.
Gates stated the donation of his internet value—roughly $100 billion—comes with a caveat: The muse’s work, and its $200 billion (together with its present endowment and projected progress), should be spent within the subsequent 20 years. Then the Gates Basis will shut its doorways eternally.