Will Elon Musk Finish 2025 as the World’s Wealthiest Person?

Elon Musk finished 2024 as the richest person in the world, as he amassed his fortune by leading various innovative businesses, including SpaceX, Tesla, and X.

According to the Bloomberg Billionaires Index, his net worth has increased by an eye-watering $136 million since November 5, 2024.

As the SpaceX founder is billions of dollars richer than the second-richest person on the planet, he stands a good chance of securing the title again this year.

Continue reading to learn if Elon Musk is likely to finish 2025 as the world’s wealthiest person.

1xBet’s Odds at 1.14 predict an 87.7% chance that Elon Musk will finish 2025 as the wealthiest person in the world (Outcome verified by Forbes) ::: Discover the current Odds now HERE

The First Person to Reach a $400 Billion Net Worth

Many of the world’s wealthiest people might struggle to keep up with Elon Musk, as he is the first person in history to secure a net worth of $400 billion.

As a result, many billionaires might find it hard to rival his fortune over the next 12 months, and he could finish the year off stronger than ever due to rising shares, business growth, and investments.

$237 Billion Gap Between Elon Musk and Jeff Bezos

To put Elon Musk’s wealth into perspective, he is currently $237 billion richer than the second richest person in the world, Jeff Bezos.

The Bloomberg Billionaires Index confirmed the financial difference between Musk and the Amazon founder on December 17, 2024, and it is the widest recorded gap between the first and second wealthiest people in the world.

The Lucrative Backing of Donald Trump

It appears Elon Musk’s backing of President-elect Donald Trump is a smart financial decision.

The wealthy businessman’s support since the 2024 US presidential election has helped catapult his various ventures further.

It is believed Tesla’s stock skyrocketed by 65% on Election Day, as investors believe Musk’s influence within the Trump administration will lead to a deregulation era that could boost the EV company’s success.

Also, The Wall Street Journal reported that xAI, Musk’s artificial intelligence startup, doubled in value in November 2024 following a fresh round of funding. As a result, the company’s fortune grew by $50 billion within a matter of months.

Musk Could Become the World’s First Trillionaire

Many of the world’s wealthiest individuals might struggle to rival Musk’s fortune, as it is expected to grow exponentially over the coming years.

According to Informa Connect Academy, Elon Musk is currently on track to become the first trillionaire in history by 2027.

It reported that the forward-thinking entrepreneur’s net worth has an average annual growth of 110%, meaning he’s most likely to reach the $1 trillion mark first.

To do so, he will likely need to overcome much competition in the market, as he may need to contend with more affordable Chinese rivals.

Also, the EV company is no stranger to soft sales, and the issue led to stocks plummeting by two-thirds in 2022.

What’s more, additional Tesla vehicle recalls could cause the public and investors to lose confidence in the company, which could slow down its revenue and growth.

Tough Competition

Despite Musk’s growing fortune and increased support from investors, he faces tough competition from the world’s wealthiest people.

For instance, the Informa Connect Academy has projected Jenson Huang, the CEO and co-founder of Nvidia, an AI software company, could become a trillionaire by 2028 despite currently having a net worth of $104 billion.

Also, Mark Zuckerberg could overtake Musk in 2025. Despite various financial setbacks in 2024, Meta’s shares grew by 70% in 2024, increasing the company’s fortune by $81 billion.

As a result, additional growth could significantly contribute to his current net worth of $214 billion, which has made him the third wealthiest person in the world.

If you believe Elon Musk will finish 2025 as the wealthiest person in the world, you could win $114 by betting $100 at 1xBet if it happens.