Musk Doubles His Fortune and Remains the Richest in the World, According to Forbes
Elon Musk remains the richest man in the world. Photo: AFP
TL;DR
- Elon Musk is the world's richest person for the second year, with his net worth exceeding $830 billion.
- Musk's fortune has more than doubled from $342 billion to $839 billion in one year.
- He is the first person to surpass $800 billion and is on track to become the first trillionaire.
- The number of billionaires globally has increased to 3,428, with their total wealth reaching $20.1 trillion.
- Tesla's stock price experienced volatility in 2025 due to consumer boycotts and Musk's political associations, but later recovered.
- Tesla shareholders approved a compensation package for Musk potentially worth $1 trillion.
- Experts suggest Musk's net worth is highly speculative and largely dependent on stock assets.
- Jeff Bezos and Mark Zuckerberg follow Musk on the Forbes list with $224 billion and $222 billion, respectively.
- Donald Trump's net worth increased to an estimated $6.5 billion, partly due to cryptocurrency promotion and a canceled fine.