Elon Musk is currently the richest person in the world, with an estimated net worth of around $330 billion to $425 billion as of May 2025. According to Forbes, his net worth is approximately $424.7 billion, while the Bloomberg Billionaires Index estimates it at about $381 billion
. Most of Musk's wealth comes from his significant ownership stakes in Tesla and SpaceX. Tesla accounts for the majority of his fortune, valued at around $195 billion, while SpaceX is valued at about $89 billion with Musk owning roughly 42% of the company. Additionally, Musk owns other assets including his artificial intelligence company X.AI (valued around $27 billion), the Boring Company, and Neuralink, each contributing several billion dollars to his net worth
. His wealth has been volatile, with notable fluctuations due to changes in Tesla's stock price and other factors. For example, Musk's net worth surpassed $400 billion in late 2024 but dropped significantly in early 2025 due to Tesla stock declines and other market impacts
. In summary, Elon Musk's wealth is primarily derived from his leadership and ownership in Tesla and SpaceX, supplemented by his other ventures, making him the richest individual globally with a net worth in the range of $330 billion to $425 billion as of mid-2025.