Elon Muschus claims during his time as head of the Ministry of Government Efficiency (Efficiency of the Ministry “(Efficiency of the State Department” (Dog) – But his controversial role may have caused more damage to his paperback than he expected.
This year alone, Musk lost around 80 billion US dollars in its net assets and granted its current value to around 352 billion US dollars -a certificate of over 450 billion US dollars at the end of last year Bloombergs Billionaire index.
Musk’s backgrounds are largely associated with its 13% participation in Tesla. Even afterwards The shareholders practically pray the billionaire Musk’s return to Austin was not that glamorous. The electric vehicle company Missed Wall Street expectations And recorded a two -digit percentage decline in sales in the second quarter of 2025. Tesla’s share price has decreased by almost 20% this year.
But the shareholders make the opposite of pulling the plug to musk. You just granted him one Pay package worth around 29 billion US dollars– In which shareholders described as a “critical first step” to “concentrate Elon’s energies on Tesla”, reports The New York Times.
While Muschus the number 1 of the richest person remains on the planet how Larry Ellison And Mark Zuckerberg Tap the door to replace it up on the billionaire list.
Musks climb to the top of the world
2024 was an outstanding year for Tesla. The company’s share almost doubled, with market capitalization exceeding 1.4 trillion dollars in December. Due to its considerable share, the jump Musk’s wealth increased and strengthened Jeff Bezos And Bill Gates.
Musk’s success also results from its shares in its other companies, including Xai Holdings (the combined company of social media X and ai startup Xai), SpaceexNeuralink and the boring company.
But as in Tesla, his companies fight financial headaches for the billionaire. Xai reports reportedly Due to $ 1 billion per month and the evaluation of the Boring Company, according to 8.6 billion US dollars, dropped to $ 6.4 billion in July 2023. Bloomberg.
Although he did not take on his role in Doge, his companies have largely benefited from working with the government over the years. Accordingly The Washington PostHis business has received contracts, loans, subsidies and more $ 38 billion.
Now Musk has a hard fight before him in the court of public opinion; According to A, only 30% of voters have a favorable view of musk Quinnipiac survey Published in June. And for a public Fehde with President Donald Trump The support of the Republicans has even dropped through the federal budget.
How Muschus can lose his richest man title
While Muschus has lost the wealth of someone in 2025 so far, he is not alone. Jeff Bezos is also in the red and loses about 1.7 billion US dollars this year, especially thanks to Amazon’s fighting stock performance. Bill Gates has also lost a considerable amount of prosperity – a few 36 billion US Upgrade of the philanthropy efforts.
On the other hand, Larry Ellison (+102 billion US dollars), Mark Zuckerberg (+56 billion US dollars) and Jensen Huang (37 billion US dollars) have recorded significant wealth increases.
Only 60 billion US dollars now separates musk and Ellison as No. 1 and 2, so BloombergThanks to the newly discovered success of Ellison’s Tech -Riese Oracle. The newly discovered focus of the company on AI helped the profit and contributed to a shape of over 50% this year. Ellison’s assets have grown by over 100 billion US dollars this year – and it should only continue.
“The future of Oracle is bright in this new era of the cloud computing. Oracle will be the Cloud database number one,” said Ellison in the company’s profit business in June. “Oracle is already thriving in this new era of Cloud Computing and AI, and it’s just the beginning.”
If the trends continue and Oracle continues to grow while Tesla Flounder, Ellison could replace the richest person in the world by the end of the year.
