Elon Musk’s affect expanded far past the tech world following Donald Trump’s 2024 election victory. After turning into one in every of Trump’s most outstanding supporters through 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 Could 2025 that his function with the administration had formally ended, although his political involvement and public statements continued drawing consideration.
On the identical time, Musk’s enterprise empire stored rising. Tesla remained one of many world’s most beneficial 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 change into an more and more vital a part of his fortune as competitors within the AI business intensifies.
Regardless of fluctuations within the billionaire rankings, Musk stays the richest individual on this planet by a large margin. Discover out who else ranks among the many wealthiest individuals on the planet at the moment.
What Is Elon Musk’s Web Price?
Musk at the moment has an estimated internet value of $1.1 trillion, in response to Forbes’ Actual-Time Billionaires Record. The Tesla and SpaceX CEO stays the richest individual on this planet 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 individual in historical past to achieve that milestone.
What Is Larry Ellison’s Web Price?
Ellison has a internet value of about $229.3 billion, in response to Forbes. Most of his fortune comes from his longtime stake in Oracle, the place he nonetheless serves as chairman and chief know-how officer.
Ellison’s wealth surged in 2025 through the synthetic intelligence increase, when Oracle inventory soared after main AI-related enterprise offers and cloud computing progress. In September 2025, he briefly grew to become the second individual ever to surpass a $400 billion internet value and quickly overtook Musk because the world’s richest individual earlier than Musk reclaimed the highest spot.
Who Are the Richest Individuals within the World?
As of at the moment, the richest individuals on this planet in response to Bloomberg, Forbes and a number of 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 internet value comes from his 12 % stake in Tesla, which represents roughly 412 million shares. He has pledged 58 % 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 % of the corporate at that authentic valuation, Twitter’s value has dropped by practically 70 % 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 % 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 % of xAI, the unreal intelligence firm he based in 2023. The startup was valued at $50 billion as of November 2024, in response to the Wall Road Journal.
