Did Toyota CEO overtake Elon Musk?
In a surprising twist on the global billionaire leaderboard, Toyota’s CEO has overtaken Elon Musk in net worth. While Musk is no stranger to the top spot, this shift shows just how powerful the automotive giant remains, even in uncertain economic times. In March 2024, Bezos briefly overtook Musk’s to become the richest person in the world. Musk’s net worth surged after the 2024 United States presidential election, and in December 2024, he became the first person to have a net worth of more than $400 billion.If you invested $10,000 with founder Elon Musk 10 years ago, your stake would be worth $2. That works out to a more than 70% average annual return. The same $10,000 put into the S&P 500 during that time grew just 274% to $37,376. That’s just 14% compounded annually.There are 8 billion people in the world 🌍 If Elon Musk were to give $1 billion to each person, he’d need 8 billion × 1 billion = 8 trillion dollars 💸. Since he’s worth only $351 billion, he doesn’t have enough to give everyone $1 billion 😅.The world’s three wealthiest people are together worth over $1 trillion. Elon Musk, Larry Ellison, and Mark Zuckerberg are so rich thanks to big stakes in their companies. Ellison has nearly doubled his net worth this year thanks to an AI-fueled surge in Oracle stock.
Who is Elon Musk’s biggest competitor?
Elon Musk and Jeff Bezos, two of the world’s richest individuals, compete with each other in more ways than one. Elon Musk owns six companies in 2025—Tesla, SpaceX, X, Neuralink, The Boring Company, and xAI—collectively valued at over $1.Elon Musk leads with $419. Indian billionaires Mukesh Ambani and Gautam Adani also feature. Super billionaires have net worths above $50 billion. They shape industries and markets globally, reflecting the increasing power and economic influence within this elite group.
Is Toyota or Tesla richer?
With a valuation of roughly $1. Tesla has reached its highest valuation in more than two years. Its next biggest competitors by market cap are Japan’s Toyota Motor Co. TM) and China’s BYD (BYDDY), worth $288 billion and $114 billion, respectively. TAKEAWAY. Tesla’s stock is up by almost 5x since the start of the Covid-19 pandemic, with its market cap rising to over $1 trillion, meaning that the company is worth more than Toyota, GM, Ford, and Volkswagen combined.Tesla on Wednesday reported its first full-year profit, a feat 18 years in the making. The electric carmaker, which was founded in 2003, said it earned $721 million in 2020, in contrast to a loss of $862 million in 2019, even though the pandemic was a drag on sales and production in the United States.