Elon MuskHis influence extended far beyond the next world of technology Donald TrumpHis victory in the 2024 election. After Musk became one of Trump’s most prominent supporters during the election campaign, he was appointed to help oversee the newly created Department of Government Efficiency (DOGE) along with Vivek Ramaswamywith the administration promising sweeping cuts to federal spending and regulation. Musk later announced in May 2025 that his role with the administration had officially ended, although his political involvement and public statements continued to attract attention.
Meanwhile, Musk’s business empire continued to grow. Tesla has remained one of the world’s most valuable automakers, while SpaceX has reached new heights with the continued expansion of Starlink and its historic IPO in June 2026. The massive IPO briefly valued SpaceX at more than $2 trillion and helped make Musk the world’s first trillionaire. Meanwhile, Musk’s AI company, xAI, has become an increasingly important part of his wealth as competition in the AI industry intensifies.
Despite the fluctuations in billionaire rankings, Musk remains the richest person in the world by a wide margin. Find out who else is among the richest people on the planet today.
What is Elon Musk’s net worth?
Musk’s fortune is currently estimated at $1.1 trillion, according to Forbes list of billionaires in real time. The CEO of Tesla and SpaceX remains the richest person in the world in 2026, with a significant portion of his wealth tied to his stakes in Tesla, SpaceX, xAI, X and other projects.
Musk surpassed the $400 billion mark for the first time in December 2024, becoming the first person in history to reach this milestone.
What is Larry Ellison’s net worth?
Ellison’s fortune is about $229.3 billion, according to Forbes magazine. Most of his wealth comes from his long-standing stake in Oracle, where he still serves as chairman and chief technology officer.
Ellison’s fortune rose in 2025 during the AI boom, when Oracle’s shares soared after major business deals related to AI and the growth of cloud computing. In September 2025, he briefly became the second person ever to have a net worth exceeding $400 billion and temporarily overtook Musk as the world’s richest person before Musk regained the top spot.
Who are the richest people in the world?
As of today, the richest people in the world according to Bloomberg, Forbes And several other ports are:
- Elon Musk – $1.1 trillion
- Larry Page – $295.1 billion
- Sergey Brin – $272.2 billion
- Jeff Bezos – $246.7 billion
- Larry Ellison – $229.3 billion
How did Musk make his fortune?
A large portion of Musk’s net worth comes from his 12% stake in Tesla, which represents about 412 million shares. He has pledged 58 percent of his Tesla shares as collateral for personal loans totaling $3.5 billion. In 2022, Musk sold $40 billion worth of Tesla stock to help finance his $44 billion acquisition of Twitter, which he later renamed to
Musk is also the co-founder of SpaceX and The Boring Company and serves as Chairman of SolarCity. He owns 43% of SpaceX, which was valued at $180 billion in its most recent financing round, and was valued at about $350 billion in December 2024. In contrast, The Boring Company was valued at about $5 billion in its most recent round.
Additionally, Musk owns about 54% of xAI, the artificial intelligence company he founded in 2023. The startup was valued at $50 billion as of November 2024, according to Wall Street Journal.
