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
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Age: 53
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Citizenship: United States
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Residence: Austin, Texas
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Education: Bachelor of Arts/Science, University of Pennsylvania
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Children: 11
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Marital Status: Divorced
💼 Major Business Ventures
1. Tesla, Inc.
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Role: CEO and Product Architect
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Focus: Electric vehicles, battery storage, and solar energy solutions
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Highlights: Despite market fluctuations, Tesla remains a leader in the EV industry, contributing significantly to Musk’s wealth.
2. SpaceX
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Role: Founder and CEO
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Focus: Aerospace manufacturing and space transport services
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Highlights: Valued at approximately $350 billion, SpaceX has revolutionized space travel with reusable rockets and the Starlink satellite internet constellation.
3. xAI
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Role: Founder
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Focus: Artificial intelligence research and development
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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)
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Role: Owner
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Focus: Social media and digital communication
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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:
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Tesla: Continues to be a major player in the EV market.
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SpaceX: Its valuation has surged, contributing substantially to Musk’s wealth.
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xAI: Rapid growth in the AI sector has added to his financial portfolio.
🌐 Global Impact
Elon Musk’s influence spans multiple industries:
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Technology: Advancements in AI and electric vehicles.
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Space Exploration: Pioneering private space travel and satellite internet.
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Social Media:
