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Elon Musk still world’s richest despite $22bn loss

Musk’s net worth stands at $817 billion, according to Forbes on Friday.

Priscilia Brown by Priscilia Brown
April 3, 2026
in Economy, News
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Despite losing $22 billion in March, Elon Musk continues to hold the title of the world’s richest person. As of April 1, 2026, Musk’s net worth stands at $817 billion, according to Forbes on Friday.

The billionaire’s fortune took a hit amid broader market declines, with the S&P 500 and Nasdaq both falling nearly 5% during the month, fueled in part by geopolitical tensions in the Middle East. Musk was one of the five of the top 10 wealthiest individuals to lose at least $20 billion during the period.

Much of Musk’s wealth is tied to his holdings in SpaceX and Tesla. Earlier this year, SpaceX merged with his AI and social media company xAI in a deal valued at $1.25 trillion, briefly boosting his net worth to a record $852 billion. However, market fluctuations and challenges in the tech and space sectors contributed to the recent decline.

Despite the loss, Musk remains more than three times wealthier than his closest competitor, Google cofounder Larry Page, whose fortune fell by $20 billion to $237 billion.

Also Read: Elon Musk launches American Party to challenge One- Party system

Musk, 54, first became the world’s richest person in September 2021 and has intermittently held the top spot since then. He continues to lead SpaceX as CEO and Tesla as chairman, while also maintaining a high-profile presence in technology and space ventures globally.

Even amid market volatility, Musk’s standing at the top underscores the enduring value of his companies and his unique position in the global wealth hierarchy.

Here’s the compiled full list of the world’s top 10 richest people as of April 1, 2026, based on the latest Forbes ranking:

Elon Musk – $817 billion, net worth
Source: Tesla, SpaceX

Larry Page – $237 billion
Source: Google/Alphabet

Jeff Bezos – $223 billion
Source: Amazon

Sergey Brin – $219 billion
Source: Google/Alphabet

Mark Zuckerberg – $196 billion
Source: Meta Facebook

Larry Ellison – $189 billion
Source: Oracle

Jensen Huang – $151 billion
Source: Nvidia

Michael Dell – $143.1 billion
Source: Dell Technologies

Rob Walton – $142.6 billion
Source: Walmart

Bernard Arnault – $142.5 billion
Source: LVMH / luxury goods

 

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Tags: Elon MuskForbesLarry PageSpaceX and Tesla
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