{"id":34717,"date":"2026-04-20T17:53:47","date_gmt":"2026-04-20T17:53:47","guid":{"rendered":"https:\/\/www.europesays.com\/people\/34717\/"},"modified":"2026-04-20T17:53:47","modified_gmt":"2026-04-20T17:53:47","slug":"elon-musk-is-worth-a-record-648b-more-than-oracle-or-mastercard","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/people\/34717\/","title":{"rendered":"Elon Musk Is Worth a Record $648B, More Than Oracle or Mastercard"},"content":{"rendered":"

Elon Musk’s net worth<\/a> has surged to a record $648 billion \u2014 and his wealth gain this year exceeds LVMH CEO Bernard Arnault’s entire $205 billion fortune, the Bloomberg Billionaires Index shows.<\/p>\n

The Tesla and SpaceX CEO’s wealth has jumped by $178 billion in just two days, boosting his year-to-date gain to an unmatched $216 billion.<\/p>\n

If that figure were his entire fortune, he would rank sixth on the rich list \u2014 ahead of not just Arnault<\/a> but also former Microsoft CEO Steve Ballmer and Nvidia CEO Jensen Huang.<\/p>\n

Musk’s record wealth partly reflects Tesla stock closing at an all-time high of $490 on Tuesday, as investors cheered news that the EV maker is testing driverless robotoxis<\/a> on Austin, Texas streets. Musk holds a roughly 12% stake in Tesla, valued at around $200 billion.<\/p>\n

But the bigger driver of his wealth surge this week has been SpaceX’s valuation reportedly doubling since the summer to $800 billion, based on a secondary share sale by the aerospace company ahead of a potential IPO next year<\/a>.<\/p>\n

Musk, the CEO of Tesla and SpaceX, is now more than twice as wealthy as number two on the rich list, Alphabet cofounder Larry Page, who’s worth $264 billion after a year-to-date wealth gain of $96 billion \u2014 second only to Musk<\/a>.<\/p>\n

He’s also more than four times as rich as Warren Buffett<\/a>, the outgoing CEO of Berkshire Hathaway, who’s worth $150 billion after giving more than half of his fortune to good causes.<\/p>\n

Musk’s personal fortune exceeds the market values of Oracle<\/a>, Mastercard, and Johnson & Johnson \u2014 three of the 20 most valuable US public companies with market capitalizations exceeding $500 billion. His recent gains have narrowed the gap with Visa, which has a market value of $660 billion.<\/p>\n

Musk’s epic wealth rally<\/p>\n

The serial entrepreneur has had a striking wealth recovery in recent months. Tesla stock roughly halved between mid-January and mid-March as his Department of Government Efficiency (DOGE) sparked public backlash and worried shareholders that he was getting distracted<\/a>.<\/p>\n

Musk even briefly lost<\/a> his top spot on the rich list to Oracle cofounder Larry Ellison in September, before Tesla shares rallied to fresh highs.<\/p>\n

Tesla and other huge US tech companies have seen their stock prices soar this year, fueled by immense buzz around AI<\/a>. In Musk’s case, he’s excited investors by spending big on AI to develop Tesla’s autonomous vehicles and humanoid robots.<\/p>\n

By contrast, skeptics such as Michael Burry of “The Big Short” fame have warned<\/a> that AI companies are overspending on microchips and data centers, and diagnosed a stock-market bubble that’s bound to burst.<\/p>\n

The AI boom has translated into huge wealth gains<\/a> for key shareholders such as Musk, Page and his cofounder Sergey Brin, Amazon’s Jeff Bezos, Ellison, Meta’s Mark Zuckerberg, and Nvidia’s Jensen Huang.<\/p>\n

Musk could become the world’s first trillionaire after Tesla shareholders approved his pay package<\/a> in November, which promises to roughly double his stake in Tesla over the next decade if he hits milestones<\/a> such as selling 1 million Optimus robots and raising adjusted profits from around $17 billion last year to $400 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"Elon Musk’s net worth has surged to a record $648 billion \u2014 and his wealth gain this year…\n","protected":false},"author":2,"featured_media":34718,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[163],"tags":[594,762,202,8296,2212,734,11938,2486,838,11001,16459,8240,3108,1340,23090,512],"class_list":["post-34717","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bernard-arnault","tag-ai","tag-bernard-arnault","tag-elon-musk","tag-fortune","tag-investor","tag-jeff-bezos","tag-mastercard","tag-nvidia-ceo-jensen-huang","tag-oracle","tag-record","tag-rich-list","tag-shareholder","tag-spacex-ceo","tag-tesla","tag-tesla-stock-closing","tag-year"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@people\/116438320121118487","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/posts\/34717","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/comments?post=34717"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/posts\/34717\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/media\/34718"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/media?parent=34717"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/categories?post=34717"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/tags?post=34717"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}