The richest man in the world Mask He has seen his fortune reduced by $ 135 billion since the beginning of 2025, and after his duties Donald Trump He sees his fortune sinking below $ 300 billion.
An indication of the situation is that Musk addressed immediate calls to Donald Trump to recall new, sweeping duties to imports from China, According to a Washington Post report.
On Tuesday, April 8, 2025, for the first time since November 2024, Elon Musk’s property retreated under $ 300 billion. Evolution came after a ‘Black Monday’ in international financial markets, As an immediate reaction to the new US duties announced by Donald Trump last week.
Tesla and SpaceX CEO, who maintains close relationships with the US president, lost only on Monday $ 4.4 billionaccording to Bloomberg data. His fortune is now estimated at $ 298 billion.
Losses – Mammoth from Tesla’s shares
Since the announcement of duties on April 2, Musk has seen his property decrease by $ 35 billionmainly due to the fall of Tesla’s stock, which lost more than 13% in a week. From the beginning of the year, The stock has collapsed by 42%resulting in total Losses of $ 135 billion For the billionaire.
In spite of the great losses, Musk remains by far the richest man in the world.
Follows the Jeff Bezos with assets of $ 196 billion (a drop of $ 42.6 billion since the beginning of the year), the Mark Zuckerberg with 183 billion, the Warren Bafet with 154 billion, and the Bernard With $ 150 billion, which only lost $ 7.56 billion on Monday and a total of $ 26.2 billion since the beginning of the year.
Musk opposite to duties
Despite his close relationship with US President Trump, Elon Musk did not hesitate to publicly criticize duties and express his opposition.
— Elon Musk (@elonmusk) April 7, 2025
On the weekend, he posted on the X platform (formerly Twitter) an old video by Milton Friedman, in which the famous economist defends free trade and abolition of customs barriers. He also put on his target Trump’s adviser, Peter Navarrowhich is considered an architect of the US duties plan.
“There is no one in the world that can make a pencil on its own. The wood comes from a tree that was cut in Washington. To cut the tree needed a saw that required a steel that in turn came from iron ore. Graphite came from mines in South Africa and the eraser from a tree in Asia introduced from South America with the help of businessmen and the British government. “Milton Friedman said in the video.
Musk also said he hoped to agree with a zero duties between the EU and the US.
Information from Bfmtv