Tesla CEO Elon Musk’s net worth has dropped by over $121 billion in 2025 so far. According to the Bloomberg Billionaires Index , Musk is the only individual among the world’s top 10 richest people to have incurred such significant losses in his net worth. Other billionaires in top 10 richest list like Jeff Bezos, Mark Zuckerberg, Bill Gates among others have incurred losses of $36.5 billion, $13.9 billion and $2.57 billion, respectively. As of market closing on April 10, his net worth stood at $311 billion.
The decline in Musk's wealth is primarily attributed to a sharp drop in Tesla's stock value, which has been affected by investor concerns over the company's performance and broader market volatility. Over a recent three-day period, the world's ten richest individuals collectively lost $172 billion due to a significant stock market downturn, with Musk alone accounting for a $35 billion loss during that span.
Elon Musk continues to be world’s richest man
Despite these losses, Elon Musk remains the richest person globally, with his wealth largely tied to his holdings in Tesla, SpaceX, and other ventures. His net worth had previously peaked at over $400 billion in December 2024 before the recent declines.
Musk, a close confidant of President Donald Trump has been working with the federal government on efforts to cut waste and reduce spending, which some investors fear could be taking time away from his leadership at Tesla. Additionally, Tesla facilities have been targeted in multiple attacks, including incidents of vandalism and gunfire. Authorities have suggested that these attacks may be linked to Musk's political activities and government involvement. The company's stock has also seen a steep fall in prices in the recent weeks.
Tech titans, including Musk, Facebook co-founder Mark Zuckerberg, and Amazon founder Jeff Bezos collectively lost $80 billion in their net worth following Trump's 'Liberation Day.'
The decline in Musk's wealth is primarily attributed to a sharp drop in Tesla's stock value, which has been affected by investor concerns over the company's performance and broader market volatility. Over a recent three-day period, the world's ten richest individuals collectively lost $172 billion due to a significant stock market downturn, with Musk alone accounting for a $35 billion loss during that span.
Elon Musk continues to be world’s richest man
Despite these losses, Elon Musk remains the richest person globally, with his wealth largely tied to his holdings in Tesla, SpaceX, and other ventures. His net worth had previously peaked at over $400 billion in December 2024 before the recent declines.
Musk, a close confidant of President Donald Trump has been working with the federal government on efforts to cut waste and reduce spending, which some investors fear could be taking time away from his leadership at Tesla. Additionally, Tesla facilities have been targeted in multiple attacks, including incidents of vandalism and gunfire. Authorities have suggested that these attacks may be linked to Musk's political activities and government involvement. The company's stock has also seen a steep fall in prices in the recent weeks.
Tech titans, including Musk, Facebook co-founder Mark Zuckerberg, and Amazon founder Jeff Bezos collectively lost $80 billion in their net worth following Trump's 'Liberation Day.'
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