Elon Musk faces a significant market loss while Warren Buffett emerges as the biggest winner among billionaires. Mark Zuckerberg and Bill Gates also experience wealth growth.
In the first quarter of 2025, Elon Musk, CEO of Tesla, encountered a $113 billion decrease in his net worth mainly due to a 26.9% drop in Tesla’s stock value. This loss led Musk to be recognized as the biggest loser on the billionaires list. On the other hand, Warren Buffett, CEO of Berkshire Hathaway, increased his wealth by $21.2 billion, reaching $163 billion and claimed the title of the biggest winner among the top 10 billionaires globally. This increase is attributed to the strong performance of Berkshire Hathaway’s stocks. Additionally, Mark Zuckerberg and Bill Gates also experienced wealth growth during this period. These changes highlight the impact of market fluctuations on billionaires’ assets in the current year.
