The stock market rallied around news of President Donald Trump’s tariff deal with China this week, a rally that drove the net worth of the top three richest people in the world up — by over $30 billion.
The tech industry continues to dominate the list of top billionaires in the US with familiar industry names such as Tesla, Facebook and Amazon while only one other country’s billionaire makes the top 10 richest people in the world.
The Tesla stock price dropped over 50% in value between Dec. 17, 2024 through April 21, 2025, from approximately $479 to $227 per share. Today, May 13, it was up to $321 and rising.
Tesla CEO, SpaceX founder, and special government employee Elon Musk is still the richest person in the world, despite the billions in net worth loss amid Tesla’s stock plunge. But he is not alone as losses have deepened amid growing recession fears.
Tech, fashion, retail and finance industry giants far outpace the richest athletes and famous celebrity names even after the markets were rocked last month by President Donald Trump‘s tariffs and trade wars.
Here’s Elon Musk’s net worth among the list of top ten billionaires, including President Donald Trump and the wealthiest countries in the world.
What is Elon Musk net worth?
According to the daily Bloomberg Billionaires Index, Elon Musk is the world’s richest person with an estimated total net worth of $359 billion, nearly doubling the combined net worth of Jeff Bezos and Mark Zuckerberg.
The 53-year old South Africa-born billionaire immigrated to Canada in 1989 and moved to California in 1995, later becoming a U.S. citizen.
Tesla CEO, SpaceX founder, richest man in the world, and special government employee Musk is now also working alongside President Donald Trump with the Department of Government Efficiency (DOGE) with the intent to reduce wasteful federal spending and reshape the federal government.
Top 10 list of wealthiest people in the world
Of the top 10 wealthiest people, nine of them are from the United States, while Bernard Arnault is from France, according to the daily Bloomberg Billionaires Index. Also worth noting is that the top ten are male. The richest woman in the world was ranked number 14; Alice Walton of the Walmart family from the US has a net worth of $115 billion.
- Elon Musk, 53, Tesla, SpaceX: $359 billion net worth, down from $402 billion three months ago
- Jeff Bezos, 61, Amazon: $229 billion net worth, down from $249 billion two months ago
- Mark Zuckerburg, 40, Facebook/Meta: $226 billion net worth, down from $252 billion two months ago
- Larry Ellison, 80, Oracle: $181 billion net worth, down from $199 billion two months ago
- Bill Gates, 68, Microsoft: $169 billion net worth, up from $165 billion two months ago
- Bernard Arnault, 75, LVMH: $162 billion net worth, down from $189 billion two months ago
- Warren Buffett, 94, Berkshire Hathaway: $161 billion net worth, up from $144 billion two months ago
- Steve Ballmer, 68, Microsoft: $126 billion net worth, up from $148 billion two months ago
- Larry Page, 51, Google: $144 billion net worth, down from $166 billion two months ago
- Sergey Brin, 51, Google: $136 billion net worth, down from $156 billion two months ago
In the category of wealthiest athlete, Michael Jordan and Vince McMahon have the highest net worth at over $3 billion each.
Directors George Lucas and Steven Spielberg are at the top of the celebrity billionaires list worth over $4.8 billion each.
The 500 richest people in the world, according to Bloomberg’s list, have all amassed at least $5.9 billion each or more.
What is Donald Trump’s net worth?
According to Forbes, Trump’s net worth is estimated to be $5.1 billion. He did not make the top 500 on Bloomburg Billionaires Index.
What is the wealthiest country in the world?
The U.S. has the most billionaires in the world, with nearly one third of the 3,028 billionaires in the the world population, according to Forbes.
The U.S. has a record 902 billionaires worth $6.8 trillion, followed by 516 in China worth $1.7 trillion and 205 in India worth $941 billion as of 2025. Other countries with significant numbers included Germany, Russia and Switzerland.
Ranking the richest country in the world by top economy or gross domestic product in 2025, the United States leads with $30.34 trillion in GDP over second place China with $19.53 trillion in GDP. The other leading economies have a much larger disparity, with Germany in third place at $4.92 trillion, followed by Japan, India, United Kingdom, and France all topping $3 trillion in GDP, according to Investopedia.
Albeit, the wealthiest country if translated by GDP per capita, meaning average per person wealth, Luxembourg holds that spot at $154, 910 in 2025, followed by Singapore, Macao, Ireland and Qatar.
The U.S. came in 10th with $89,680.
