Billionaires

Elon Musk’s Net Worth Falls Below $300 Billion for First Time Since November

So far this year, Musk has lost $134.7 billion.
Photographer: Samuel Corum/Sipa/Bloomberg

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By Ainsley Thomson

April 7, 2025 at 10:40 PM UTC

This article is for subscribers only.

Tesla Inc. chief Elon Musk’s wealth has slipped below $300 billion for the first time since November as the indiscriminate fallout from President Donald Trump’s tariffs punishes even those closest to him.

Musk lost $4.4 billion on Monday after Tesla stock extended losses, taking his total fortune to $297.8 billion, according to the Bloomberg Billionaires Index. That followed a $31 billion hit across Thursday and Friday last week. So far this year, Musk has lost $134.7 billion.