Elon Musk's Net Worth Declines in 2025, Making Him Biggest Wealth Loser With USD 130 Billion Drop Amid Tesla Share Crash, Political Backlash and Layoff Strategy

Elon Musk's net worth dropped significantly this year for various reasons. According to a report, the Tesla and SpaceX CEO became the biggest loser in 2025 among top 10 richest people in the world, with a USD 130 billion loss in the wealth due to a fall in the Tesla share prices. Musk's Tesla was also attacked due to his political involvement via DOGE (Department of Government Efficiency) and his layoffs strategy, affecting several US government departments to cut costs. Bitcoin Price Today, April 7, 2025: BTC Price Falls Below USD 80,000 Mark, Reaches USD 78,000 Amid Crypto Market Fluctuations. Elon Musk's Wealth Declined This Year With USD 130 Billion Fall Elon Musk's net worth has dropped by $130 billion this year, making him the biggest loser among the top 10 richest people in the world, with Warren Buffett being the only one to see a gain. — WF (@WhaleFUD) April 6, 2025