The performance of the bad stocks in Tesla has reduced the wealth of Elon Musk by $ 80 billion – which is found like this that can take off the richest man in the world

The performance of the bad stocks in Tesla has reduced the wealth of Elon Musk by $ 80 billion – which is found like this that can take off the richest man in the world

GettyImages-2217140226-e1754321378368 The performance of the bad stocks in Tesla has reduced the wealth of Elon Musk by $ 80 billion - which is found like this that can take off the richest man in the world

Elon Musk He claims that he reduced billions of dollars in waste spending during his period as head of the Ministry of Government efficiency (Dodge– But his controversial role may have caused greater damage to his pocket book than expected.

This year alone, Musk lost about 80 billion dollars in its net wealth, thus reaching its current value of about 352 billion dollars – the sight of the peak of more than $ 450 billion in late last year, according to what it said. Bloomberg Billionaire Index.

The decrease of Musk’s wealth is largely associated with its 13 % stake in the struggle of Tesla. Even after Practically the shareholders begged billionaire To leave Dog and focus on Tesla full -time, Musa’s return to Austin was not very shiny. Electric Vehicles Company Wall Street expectations The percentage of the percentage revenues of two numbers in the second quarter of 2025 witnessed a decrease in the price of the Tesla share by almost 20 % this year.

But shareholders do the opposite of the pulling plug on musk; They just gave it The payment package of $ 29 billion– While the shareholders called it “the first critical step towards” preserving “Elon’s energies focusing on Tesla”, reports ” New York Times.

While Musk remains the richest person on this planet, his colleagues are members of The Ultra Rich Like Larry Ellson and Mark Zuckerberg They settle at the door to replace it at the top of the billionaire menu.

Climbing musk to the top of the world

2024 was a prominent year for Tasla. The shares of the company doubled, with the maximum market reached $ 1.4 trillion in December. Because of his big share, the jump rose musk and it seems that it strengthened it at the time at the top of billionaires after years of billionaires like Jeff Bezos and Bill Gates.

Musk’s success also comes from his shares in other companies, including Xai Holdings (the joint company of social media x And Ai Startup Xai), SpacexNeuralink, and boring company.

But like the struggles in Tesla, his companies cause financial headache for billionaire. Xai is said to burn Through a billion dollars per month, the boring company’s evaluation decreased to 6.4 billion dollars from 8.6 billion dollars in July 2023, according to it. Bloomberg.

Although he did not take a salary from his role in Doug, his companies have benefited greatly from working with the government over the years. according to Washington PostHis business received about $ 38 billion of contracts, loans, subsidies and more.

Now, Musk has an arduous battle before him in the Public Opinion Court; Only 30 % of voters have a favorable view of musk, according to Quinnipiac poll It was released in June. After the audience Conflict with President Donald Trump On the federal budget, support between Republicans has decreased.

How might lose musk, the richest title of his leg

While Musk lost most of the wealth of anyone in 2025 until now, it is not alone. Jeff Bezos is also in red, losing about $ 1.7 billion this year, due to the performance of the stalled Amazon stock. Bill Gates also lost a large amount of wealth – $ 36 billion – but he was because of him The scattered charitable work efforts.

On the other hand, Larry Ellison (+102 billion dollars), Mark Zuckerberg (+56 billion dollars), and Jens Huang ($ 37 billion) witnessed a significant increase in wealth.

Only $ 60 billion separates Musk and Ellison as 1 and 2, according to BloombergThanks to the new success of Elison’s Tech Giant, Oracle. The new focus of the company helped artificial intelligence to the high profits and contributed to a shares of more than 50 % this year. Ellison’s wealth has grown more than $ 100 billion this year – and it is likely to last only.

“The future of Oracle is bright in this new era of cloud computing. Oracle will be the number one cloud database company,” Elison said in the business profit call in June. “Oracle is already flourishing in this new era of cloud computing and Amnesty International, and it is just a beginning.”

If trends persist, Oracle continues to grow while Tesla arms, Elison can replace Musk as the richest person in the world by the end of the year.

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