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Elon Musk in 2023 Elon Musk is the wealthiest person in the world , with an estimated net worth of US$486 billion as of December 2024 [update] , according to the Bloomberg Billionaires Index , and $464 billion according to Forbes , primarily from his ownership stakes in Tesla, Inc. and SpaceX .
Elon Reeve Musk (/ ˈ iː l ɒ n /; born June 28, 1971) is a businessman known for his key roles in the space company SpaceX and the automotive company Tesla, Inc. His other involvements include ownership of X Corp., the company that operates the social media platform X (formerly Twitter), and his role in the founding of the Boring Company, xAI, Neuralink, and OpenAI.
In the 32nd annual Forbes list of the world's billionaires, the aggregate wealth of the top 20 richest people on Earth amounted to about 13 percent of all billionaires' fortunes combined. [16] A record of 2,208 billionaires were in the ranking and the total wealth was $9.1 trillion, up 18% since 2017.
Global share of wealth by wealth group, Credit Suisse, 2021 Global share of wealth by wealth group, Credit Suisse, 2017 According to the UBS/PwC Billionaires Report 2019 report released in November 2019, there are currently 2,101 U.S. dollar billionaires worldwide, from 66 countries, with a combined net worth of $8.5 trillion.
The report predicts trillionaire status based on each individual’s average annual growth rate in wealth, and based on these predictions, Elon Musk will likely become the first trillionaire in 2027.
The Forbes 400 Richest Americans list has been published annually since 1982. The combined net worth of the 2020 class of the 400 richest Americans was $3.2 trillion, up from $2.7 trillion in 2017. [1] As of March 2023, there were 735 billionaires in the United States. [2]
List of The World's Top 500 billionaires, ranked in order of net worth: Publication details; Publication: Bloomberg L.P. First published: March 11, 2012: Latest update: December 13, 2024: Current list details; Wealthiest: Elon Musk [1] Net worth (1st) US$ 447.0 billion (as of December 11, 2024) [1] Number of billionaires 500: Total list net ...
The company estimates Elon Musk’s net worth will surpass the $1 trillion mark in 2027, assuming his wealth growth continues at its current rate of 110% a year.