Elon Musk ’s status as the world’s wealthiest man remains unchallenged as he continues to sit atop the Bloomberg Billionaires Index .
In the first half of 2025, Musk was able to capitalise on his close relationship with the newly reelected Donald Trump , a friendship that earned him the nickname “the First Buddy”. One of a host of billionaires or centi-millionaires Trump tapped for top positions, he was appointed to oversee the non-governmental Department of Government Efficiency.
Relations between the two men quickly soured, culminating in Musk’s departure from Doge amid a social media war of words, but the Tesla owner has held on to the status of the world’s wealthiest person. With an estimated net worth of $462 billion, he is more than $100 billion ahead of his closest rival.

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