Tesla Inc (NASDAQ:TSLA) stock ended 2024 on a high note with shares hitting all-time highs in December, helping boost the wealth of CEO Elon Musk. The start of 2025 has been anything but the same, with shares down and Musk's wealth falling by more than $100 billion.

What Happened: Musk ended 2024 as the world's richest person worth an estimated $432 billion. The Tesla CEO added $203 billion to his wealth in 2024 and was the first person in the world to hit the $400 billion milestone.

As Benzinga previously shared, Musk's wealth in 2024 was so high that he was worth more than every MLB, NBA, NFL and NHL team combined.

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Fast forward to April 2025 and Musk is now worth $310 billion, according to Bloomberg. This represents a decline of $122 billion from where Musk began the year.

With a wealth of $310 billion, Musk is still significantly ahead of the other billionaires of the world.

Amazon founder Jeff Bezos ranks second with a wealth of $202 billion, losing $36.8 billion in wealth in 2025.

So what's crazy is that Musk is now worth more than the following figures combined:

• Jeff Bezos (Amazon founder): $202 billion
• Jensen Huang (NVIDIA co-founder): $90 billion
• Mark Cuban (entrepreneur, NBA owner): $7.55 billion
• Total: $299.55 billion

That's right, Musk is worth more than the three billionaires combined. In fact, you could add in Palantir CEO Alex Karp, who is worth $9.35 billion and still be under Musk's current wealth.

See Also: Are you rich? Here’s what Americans think you need to be considered wealthy.

Why It's Important: Musk's wealth drop highlights the downfall of Tesla stock year-to-date in 2025. Shares hit new all-time highs in December and soared after Donald Trump won the 2024 presidential election.

Early in 2025, Tesla stock fell after Trump took office and Musk's role in the White House with the Department of Government Efficiency led to calls for boycotts against Tesla and protests at dealerships.

Tesla lost brand value and sales began slipping in Europe and other regions.

Tesla stock is now down 32.6% year-to-date in 2025. Musk remains a large shareholder in Tesla and the EV stock makes up a large portion of his wealth, along with stakes in X, SpaceX, xAI and other companies.

In 2021, Musk set a Guinness World Record for the largest one-year drop in his wealth, losing between $180 billion and $200 billion. The billionaire is currently on pace to break that record, but a turnaround of Tesla stock with several catalysts coming later this year could help keep Musk from breaking his own record.

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This article Elon Musk Is $122 Billion Poorer In 2025, And Still Richer Than Bezos, Huang, Cuban Combined originally appeared on Benzinga.com