Elon Musk, the CEO of Tesla and SpaceX, has ended 2025 with a staggering net worth of $726.3 billion, cementing his position as the world’s richest person. According to Forbes’ Real-Time Billionaires List, Musk’s fortune has surpassed numerous milestones, making him more valuable than some of the world’s largest economies and companies.
“Musk’s net worth would be valued as the world’s 23rd-largest economy, ranking ahead of Belgium, Ireland, Argentina, and Sweden,” says Forbes. His fortune is worth more than the market values of Oracle ($560 billion), Johnson & Johnson ($498.6 billion), and LVMH ($375.9 billion).
Musk’s wealth is driven by surging valuations in Tesla and SpaceX, with the latter valued at $800 billion, up from $400 billion in August. A Delaware Supreme Court ruling restored Musk’s Tesla stock options worth $139 billion, further boosting his net worth.
The Tesla CEO has been ranked the world’s richest person since May 2024, surpassing LVMH CEO Bernard Arnault. Musk’s net worth is more than double ethereum’s market cap ($358 billion) and just under the global cryptocurrency market’s 2018 value ($773 billion).