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The poor performance of Tesly reduced the wealth of Elon Muska by $ 80 billion – another similar could Dethro prove to the world’s rich men

Elon Musk claims that during his time as the head of the government efficiency (DOGE), he has reduced full expenses to billions of dollars – but his controversial role could have more damage to his wallet than he expected.

This year alone, Musk lost about $ 80 billion in its net cost, which increased its current value to about $ 352 billion – far from its peak over $ 450 billion at the end of last year, according to the Bloomberg Index billionaires.

Muska’s decline in wealth is largely linked to its 13% share in Strglight Tesla. Even after shareholders practically begged billionaires to leave Doga and focus on Tesla full -time, Muska’s return to Austin was not so charming. Electric-Vohicle Company increased the expectations of Wall Street, and in the second quarter of 2025 the decrease in a double-digit percentage decrease in income. This year’s Tesla stock price dropped by almost 20%this year.

However, shareholders do the opposite of pulling the plug to Musk; They just awarded him a reward package worth $ 29 billion – in what shareholders called the “critical first step”, they maintained “Elon’s energy focused on Tesla”, reports New York Times.

While Musk remains the richest person no.

Muska’s climb to the top of the world

2024 was a year for Tesla Standout. The company’s shares almost doubled, while the market ceiling overwhelmed $ 1.4 trillion in December. Thanks to its large share, Musk’s wealth increased and seemingly at that time after years and back among billionaires like Jeff Bezos and Bill Gates.

Muska’s success also comes from his betting in his other companies, including XAI Holdings (a combined company of social media X and AA Startup XAI), SpaceX, Neuralink and Boring Society.

But like the fighting in Tesla, his companies cause financial headaches for billionaires. XAI postponed the combustion of $ 1 billion a month and the award of a boring company decreased to $ 6.4 billion from $ 8.6 billion in July 2023.

Although he did not take advantage of his role in Doge, his societies have largely benefited from working with the government over the years. According to Washington postHis business received about $ 38 billion for contracts, loans, subsidies and more.

Now Musk has a battle in a hill in a public opinion court; According to a quinnipiac survey published in June, only 30% of voters have a favorable view of Musk. And after a public dispute with President Donald Trump about the federal budget, there was even support between Republicans.

How can Musk lose the title Richet Man

While Musk lost the most wealth of anyone in 2025, he is not alone. Jeff Bezos is also in red and this year has given up about $ 1.7 billion, largely due to Amazon’s combat performance. Bill Gates also lost a considerable romantic wealth-I was $ 36 billion-but it was because of his increase in philanthropy.

On the other hand, Larry Ellison (+102 billion USD), Mark Zuckerberg (+56 billion USD) and Jensen Huang ($ 37 billion) increases considerable wealth.

Only 60 billion dollars now separate Musk and Ellison as No. 1 and 2, according to Bloomberg, thanks to the newly found success of Ellison’s technical giant, Oracle. The new focus on AI has helped to rise and this year contributed to jumping shares by more than 50%. Ellison’s wealth has increased by more than $ 100 billion this year and is likely to continue.

“The future of Oracle is clear in this new cloud computing era. Oracle will be the cloud database company number one,” Ellison said in June in the company’s earnings. “Oracle is already prospering in this new cloud computing and AI and it’s just the beginning.”

If trends continue and Oracle is still growing, while Tesla Fnunders, Ellison could replace Muska as Rihat to a person in the world by the end of the year.

(Tagstotranslate) billionaire

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