May 21, 2026 10:42AM EDT Breadcrumbs Navigation Image Credit: Getty Images Elon Musk’s influence expanded far beyond the tech world following Donald Trump’s 2024 election victory. After becoming one of Trump’s most prominent supporters during the campaign, Musk was tapped to help oversee the newly created Department of Government Efficiency (DOGE) alongside Vivek Ramaswamy, with the administration promising sweeping cuts to federal spending and regulations. Musk later announced in May 2025 that his role with the administration had officially ended, though his political involvement and public statements continued drawing attention. At the same time, Musk’s business empire kept growing. Tesla remained one of the world’s most valuable automakers, while SpaceX reached new heights with Starlink expansion and a highly anticipated IPO filing in 2026 that could reportedly value the company at nearly $1.75 trillion. Musk’s artificial intelligence company xAI has also become a major part of his fortune as competition in the AI industry intensifies. Despite occasional shifts in billionaire rankings over the past two years, Musk currently sits atop Forbes’ real-time list with an estimated fortune of more than $800 billion. Find out who else ranks among the richest people in the world today. What Is Elon Musk’s Net Worth? Musk currently has an estimated net worth of $807.7 billion, according to Forbes’ Real-Time Billionaires List. The Tesla and SpaceX CEO remains the richest person in the world in 2026, with much of his fortune tied to his stakes in Tesla, SpaceX, xAI, X, and other ventures. Musk first surpassed the $400 billion mark in December 2024, becoming the first person in history to reach that milestone. What Is Larry Ellison’s Net Worth? Ellison has a net worth of about $235 billion, according to Forbes. Most of his fortune comes from his longtime stake in Oracle, where he still serves as chairman and chief technology officer. Ellison’s wealth surged in 2025 during the artificial intelligence boom, when Oracle stock soared after major AI-related business deals and cloud computing growth. In September 2025, he briefly became the second person ever to surpass a $400 billion net worth and temporarily overtook Musk as the world’s richest person before Musk reclaimed the top spot. Who Are the Richest People in the World? As of today, the richest people in the world according to Bloomberg, Forbes and several other outlets are: Elon Musk – $807.7 billion Larry Page – $316 billion Sergey Brin – $291.4 billion