“Donald Trump’s election victory brings post-election bonuses to our billionaires. Close ally Elon Musk and tech investor Peter Thiel have seen their wealth grow 82% to $420 billion, or 67% to $14 billion,” Hurun reported.
Tech Mogul Elon Musk retained the number one spot on the Hurun Global Rich list released earlier in the day. The wealth of the world’s richest people is recorded at 82%, about $189 billion.
Musk’s huge progress in wealth is attributed to the rise in shares of his automaker Tesla after U.S. President Donald Trump’s re-election.
“Donald Trump’s election victory brings huge post-election bonuses to our billionaires. Close ally Elon Musk and tech investor Peter Thiel have seen their wealth grow 82% to $420 billion, to $67 billion to $14 billion. Followers of the U.S. president contributed almost three times Trump’s wealth to $7.2 billion, to $7.2 billion, to $7.2 billion.”
First, you have to go above $400b
Musk has become the first person to have a net worth trademark of more than $400 billion.
Hurun’s report added that Musk lost more than $100 billion after Tesla’s market value fell by $700 billion. The downturn is linked to Musk’s polarized political views, his involvement with the U.S. Department of Government Efficiency (DOGE) and increasing competition among Chinese automakers.
Others on the other list
Hurun released its 2025 global wealth list on March 27 (March 27).
Amazon founder Jeff Bezos earned 44% of his net worth with a net worth of $26.6 billion, finishing second on the list.
Mark Zuckerberg, CEO of Meta, who owns platforms like Facebook and Instagram, made the top three on the list for the first time, with his wealth rising by 53%. According to the report, his net worth is $242 billion.
Other billionaires on the list are investor Warren Buffett, Microsoft founder Bill Gates, former Google CEO Larry Page, Reliance Industries chairman Mukesh Ambani and Adani Group owner Gautam Adani.
