Elon Musk tops rich list despite $10B loss
Tesla's stock took a hit in early November 2025, knocking about $10 billion off Elon Musk's fortune.
Even with this dip, Musk still tops the world's rich list at roughly $481 billion, says Forbes.
The drop came right after shareholders approved his massive pay deal—which only pays out if Tesla meets a series of ambitious goals over the next decade.
Tech stocks take a hit
It's not just Musk feeling the pinch—other tech giants like Larry Ellison, Jeff Bezos, and Mark Zuckerberg also lost billions as tech stocks slid.
These drops highlight how much these fortunes ride on stock market swings.
Musk's pay and net worth are closely linked to Tesla
Musk's pay is directly tied to Tesla's share price and ambitious targets.
So when shares fall or goals look tough to reach, it hits his net worth hard—and sends ripples through the whole tech scene.