Elon Musk is a name that almost everyone knows. He is a super smart businessman who runs big companies like Tesla and SpaceX. In 2025 he has once again become the richest person in the world according to the Hurun Global Rich List. This is the fourth time in five years that he has taken the top spot. What’s surprising is that he still holds this position even after losing $100 billion of his wealth. Let’s talk about how this happened why he is so successful and what makes him special.
What is the Hurun Global Rich List?
The Hurun Global Rich List is like a big report card for the worlds richest people. Every year it tells us who has the most money and how much they are worth. It looks at billionaires from all over the world and ranks them based on their wealth. In 2025 this list said that Elon Musk is number one even though his money took a big hit. This shows that he is still ahead of everyone else no matter what challenges come his way.
How Much Money Does Elon Musk Have?
In early 2025 Elon Musk’s wealth reached an amazing $420 billion. That’s a huge number It grew by 82% because his company Tesla did really well after Donald Trump won the U.S. election again. People who invest money thought Tesla would make even more cars and earn more profits because of Trumps support. This made Tesla’s stock price go up a lot and since Musk owns a big part of Tesla his wealth grew too.
But after January 15, 2025 things changed. Tesla’s stock price started to fall. The company lost $700 billion in value and Musk’s wealth dropped by $100 billion. Even with this loss he still has about $320 billion according to some reports. That’s why he remains the richest person in the world.
Why Did Musk Lose $100 Billion?
You might wonder why Musk lost so much money if he’s still the richest. There are a few reasons for this. First Tesla faced tough competition from Chinese car companies. These companies started making electric cars that were cheaper and good enough to challenge Tesla. This made some people stop buying Tesla cars and the companys sales went down.
Second Musk got very involved in politics. After Trump became president Musk started working with him on a group called the Department of Government Efficiency (DOGE). This group was meant to cut government spending and make things more efficient. But some people did not like Musk mixing business with politics. They thought it was hurting Teslas image.
Third the stock market can be unpredictable. When Teslas sales dropped and people started worrying about the companys future investors sold their Tesla shares. This made the stock price fall and since most of Musk’s money comes from Tesla his wealth went down too.
How Did Musk Become So Rich in the First Place?
Elon Musk was not always the richest man. He was born in South Africa and moved to the United States to study and work. He started small but dreamed big. His first big success came with a company called PayPal which he sold for a lot of money in 2002. He used that money to start new companies like Tesla and SpaceX .
Tesla is the main reason Musk is so rich. The company became famous for making electric cars that are fast, stylish and good for the environment. Over the years Tesla grew bigger and bigger and its stock price went up like a rocket. Musk owns about 13% of Tesla which means when the company does well he makes a lot of money.
SpaceX is another big part of his success. It’s a private company that sends rockets into space and works with NASA. In 2025 SpaceX is worth about $350 billion and Musk owns a huge chunk of it. He also owns other businesses like X, Neuralink and The Boring Company . All these companies add to his wealth.
Why Does Musk Stay on Top?
Even after losing $100 billion Musk is still number one. How? It’s because he started so high up. At one point his wealth crossed $400 billion which no one else had ever done. Even after the drop he has more money than people like Jeff Bezos and Mark Zuckerberg. Bezos is worth about $266 billion and Zuckerberg has around $231 billion. Musk’s $320 billion keeps him far ahead.
Another reason is that Musk is a fighter. He does not give up when things get tough. When Tesla’s stock fell he kept working on new ideas and plans to make the company better. He believes in taking risks and that’s why his companies have done things no one thought was possible—like sending people to space or building electric cars that everyone wants.
What Makes Musk Special?
Elon Musk isn’t just rich—he’s different. He thinks about the future in a way most people don’t. With SpaceX he wants humans to live on Mars someday. With Tesla he wants to stop pollution by making cars that don’t use gas. With Neuralink he’s trying to connect human brains to computers. These big dreams make him stand out.
He also not afraid to say what he thinks even if it makes people mad. Sometimes this gets him in trouble—like when his political views upset Tesla customers. But it also makes him famous and keeps people talking about him. Love him or hate him, you can’t ignore him.
What’s Next for Musk?
Even with the $100 billion loss Musk is not slowing down. Tesla is working on new cars and technology to fight the competition. SpaceX is planning more rocket launches and maybe even a trip to Mars. Musk other companies are growing too. He is also helping Trump with government plans which might help Tesla in the long run.
The Hurun Global Rich List 2025 shows that Musk is still the king of wealth even after a tough time. His story teaches us that success is not just about money—it’s about bouncing back when things go wrong. Musk has lost a lot but he still winning.
Elon Musk journey in 2025 is like a roller coaster. He went up super high came down a little but still stayed on top. Losing $100 billion would make most people panic but for Musk it’s just a bump in the road. He is the richest man in the world for the fourth time in five years because he is smart, brave and always looking ahead.