Elon Musk or Jeff Bezos: Who Has the Higher Net Worth?
The battle for the title of the world’s richest person is often a hot topic, especially in the era of tech billionaires and the ultra-high-net-worth individuals (UHNWIs). Two prominent names in this category are Elon Musk and Jeff Bezos. Both have amassed unimaginable wealth, assets and liabilities through their respective ventures in the U.S. and beyond, making them stand out even among the super-rich.
Here’s how Musk and Bezos compare when it comes to their net worth.
When it comes to how net worth is calculated (simply subtract the total value of liabilities from the total value of assets), the fortunes of the richest men in the world can fluctuate frequently. However, they still put your reasonable wealth management and financial goals to shame. Here are a few key takeaways about the estimated wealth of both Bezos and Musk as of July 3, 2025:
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Musk’s wealth journey is nothing short of spectacular. The CEO of multiple high-profile companies, his portfolio includes Tesla, SpaceX, Neuralink, and The Boring Company, among others. Each of these ventures has seen considerable success in its domain.
Tesla, for instance, has transformed the electric vehicle market, pushing these vehicles to mainstream consumers and achieving unprecedented market valuations for an automaker. Similarly, SpaceX has revolutionized space transportation, achieving milestones like the reusable Falcon 9 rocket and embarking on missions to potentially colonize Mars.
As CEO of Tesla, Musk’s net worth has seen wild fluctuations, primarily due to the stock performance. Whenever Tesla’s stock price has surged, so has Musk’s net worth, propelling him multiple times to the position of the world’s richest individual, where he currently sits.
Though he is a controversial figure, he recently exited the world of politics, where he was previously appointed by President Trump as the head of the Department of Government Efficiency (DOGE) for what turned out to be a short period of time. It was not an elected position, but Musk’s tenure still created turbulent times for federal employees.