Elon Musk, the world’s richest man, lost over $100 billion in net worth is just 75 days, since December 18 last year, including $11 billion being wiped out from his vast fortune on Saturday (February). According to details, Elon Musk, the CEO of Tesla and SpaceX, has suffered an erosion of 11 percent to his net worth so far this year, and lost over $100 billion since December 18, 2024, which is more than the total net worth of Mukesh Ambani, Asia’s richest man.
Notably, Tesla shares have witnessed a decline of more than 23 percent, or over $100, since the beginning of 2025, which has led to the rout in Elon Musk’s fortune.
Musk, whose wealth surged exponentially, reaching close to the $500 billion mark in mid-December, after Donald Trump won the 2024 US Presidential Election in November, currently has a net worth of $384 billion, according to Forbes. However, the SpaceX chief remains the wealthiest individual in the world, with Meta CEO Mark Zuckerberg ($236 billion) being a distant second, followed by Amazon founder Jeff Bezos ($230.9 billion) at third, Larry Ellison ($208.3 billion) at fourth, and Bernard Arnault ($184.9 billion) in the fifth spot on the global rich list.
As per market data, Musk’s total wealth had reached an all-time high of $485 billion on December, however, since then, the tech billionaire has lost a whopping $101 billion, more than the total net worth of India’s richest man, Mukesh Ambani. The Tesla CEO has witnessed a decline of $47 billion so far in 2025.
Elon Musk has lost $101 billion or Rs 8.75 lakh crore in just 75 days since December 18, which comes down to losing Rs 12,000 crore per day, Rs 486 crore per hour, or around Rs 8 crore per minute!
Interestingly, the wealth lost by Elon Musk in around two-and-a-half months, is more than the total GDP of some small nations, such as Costa Rica ($100.67 billion), Luxembourg ($96.99 billion), Croatia, Panama, Turkmenistan, Uruguay, and Serbia, among others. The figure is also larger than the total budget of Uttar Pradesh, India’s largest state, which has a budget of around $93 billion.
Meanwhile, Indian business tycoons, Mukesh Ambani and Gautam Adani, have also witnessed a significant decline in their net worth in the last couple of months due to declining market trends.
Mukesh Ambani, the Chairman of Reliance Industries, India’s most valued firm, once had a fortune valued at well over $101 billion, which has since declined to $91.6 billion. Similarly, Adani Group Chairman, Gautam Adani, has also witnessed a rout in his net worth, which currently sits at $52.5 billion, as per Forbes.
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