Elon Musk tops the charts as the worlds richest person in 2025, with a fortune of $623 billion, after adding $190 billion. The top 500 billionaires gained $2.2 trillion, reaching a total net worth of $11.9 trillion. Musks wealth surged due to booming stock markets, commodities, and crypto, especially after Trumps 2024 election win. He also made headlines in politics, donating to Trumps reelection and leading cost-cutting efforts, which initially hit Tesla shares. Musks wealth peaked after SpaceX became the most valuable private company and Tesla investors approved a new pay package. The wealth explosion sparked debates on sharing prosperity more evenly.
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Published on 14 hours ago
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