Elon Musk, the CEO of Tesla, has once more climbed to the top of the global wealth rankings. He has become the first person in the world to ever reach a net worth of $400 billion. Elon Musk has started seven businesses, including the artificial intelligence startup xAI, the electric vehicle manufacturer Tesla, and the rocket manufacturer SpaceX.
Although he owns around 12% of Tesla, he has agreed to give over half of his shares as security for up to $3.5 billion in private debts.
$400 Billion Net Worth
Elon Musk is the first person of the world to ever reach a net worth of $400 billion. Elon's Tesla ownership is largely responsible for his recent fortune boom. Since the middle of October, the price of Tesla's shares has almost doubled.
As of 10 December 2025, the price of Tesla’s stock reached $409.73. Tesla closed the day's trading at $400.99. Elon Musk's net worth was $400 billion at the conclusion of the day, even with the reduced closing price. Thus, he holds the record for having the highest net worth in history.
How He Got Here
In 2007, Tesla was facing a particularly difficult time. It was on the verge of going bankrupt. Elon reportedly invested all of his money in Tesla in an attempt to preserve the business. On June 29, 2010, the first public offering of Tesla took place. At the time, Elon's net worth was approximately $200 million. In 2012, he gained his first billionaire status. For the first time, Elon's net worth exceeded $300 billion on October 28, 2021.
Elon temporarily had a net worth of $340 billion on November 4, 2021. He ended John D. Rockefeller's 80-year record as the richest person in modern history. Elon's luck took a severe turn during the following year or two, mostly due to a great decline in the value of Tesla's stock. Elon's net worth dropped to $130 billion by the end of 2022.
Elon's net worth reached $230 billion at the end of 2023 due to a rebound in the price of Tesla's stock and an increase in value at SpaceX. Another sharp drop occurred in the first half of 2025, bringing the amount back to $168 billion in April. His net worth gradually increased during the past few months. Now, Elon has a record-breaking net worth of $400 billion, and Tesla's shares are trading above $400.
Trump’s Supporter
After Donald Trump’s victory as president of the US, shares of Tesla increased by 12% in November 2025. This led to an increase in the net worth of Elon Musk by about $20 billion as of 6 November 2025.
Musk is the greatest supporter of Trump. He supported him throughout his election campaign of 2025. He also became the second largest donor of Trump as he contributed $118 million to America PAC. This company is invented by Elon Musk.