Tesla CEO Elon Musk has seen his net worth shrink by over USD 121 billion since the start of 2025, according to the Bloomberg Billionaires Index — making him the biggest loser among the world’s top 10 richest individuals this year.
Despite the plunge, Musk remains the richest person globally, with an estimated net worth of USD 311 billion as of April 10.
Other billionaires have also taken hits, though less severe. Jeff Bezos lost USD 36.5 billion, Mark Zuckerberg is down USD 13.9 billion, and Bill Gates saw a decline of USD 2.57 billion.
The primary reason behind Musk’s steep loss is the sharp drop in Tesla’s stock, driven by investor concerns over the company’s performance and broader market volatility.
In just three days, the top 10 richest individuals lost a combined USD 172 billion — Musk alone accounted for USD 35 billion of that.
Most of Musk’s fortune is tied to his stakes in Tesla, SpaceX, and other ventures. His net worth had peaked above USD 400 billion in December 2024.
However, his growing political involvement, including ties to former President Donald Trump and collaborations with the federal government, has sparked concern among some investors who feel it may be diverting his focus from Tesla.
Adding to the worries are recent reports of vandalism and even gunfire at Tesla facilities, which authorities are investigating for possible political links.
Meanwhile, Tesla’s stock continues to decline, further chipping away at Musk’s wealth.
