Richest Person in the World | Updated 2025
As of April 2025, Elon Musk holds the title of the world’s richest person, with an estimated net worth of $342 billion,
Table of Contents
🧑🚀 Elon Musk: Profile Overview
Age: 53
Citizenship: United States
Residence: Austin, Texas
Education: Bachelor of Arts/Science, University of Pennsylvania
Children: 11
Marital Status: Divorced
💼 Major Business Ventures
1. Tesla, Inc.
Role: CEO and Product Architect
Focus: Electric vehicles, battery storage, and solar energy solutions
Highlights: Despite market fluctuations, Tesla remains a leader in the EV industry, contributing significantly to Musk’s wealth.
2. SpaceX
Role: Founder and CEO
Focus: Aerospace manufacturing and space transport services
Highlights: Valued at approximately $350 billion, SpaceX has revolutionized space travel with reusable rockets and the Starlink satellite internet constellation.
3. xAI
Role: Founder
Focus: Artificial intelligence research and development
Highlights: xAI has raised $6 billion in funding and aims to compete with major AI firms by developing advanced AI models.
4. X (formerly Twitter)
Role: Owner
Focus: Social media and digital communication
Highlights: Musk acquired Twitter in 2022 and rebranded it as X, integrating it with his other ventures to create a multifaceted platform.
📈 Wealth Accumulation
Musk’s net worth has seen significant growth due to the success of his ventures:
Tesla: Continues to be a major player in the EV market.
SpaceX: Its valuation has surged, contributing substantially to Musk’s wealth.
xAI: Rapid growth in the AI sector has added to his financial portfolio.
🌐 Global Impact
Elon Musk’s influence spans multiple industries:
Technology: Advancements in AI and electric vehicles.
Space Exploration: Pioneering private space travel and satellite internet.
Social Media:
