AI boom grows tech fortunes, including Elon Musk, in 2025
Elon Musk's net worth climbed by nearly 50% year-on-year to an estimated $645 billion
The rapid rise of artificial intelligence (AI) companies has delivered a major boost to the wealth of America’s leading technology figures in 2025.
A recent strong rally in AI-linked stocks has added more than half a trillion dollars to the combined fortunes of the country’s top tech executives over the past year, according to market data.
Figures compiled by Bloomberg show that the 10 richest US founders and tech bosses now control close to $2.5 trillion in wealth, up from about $1.9 trillion a year earlier.
Much of that growth has been driven by investor enthusiasm for AI, which has pushed US stock markets to fresh record highs.
Elon Musk, already the world’s richest individual, emerged as one of the biggest beneficiaries of the AI surge.
His net worth climbed by nearly 50% year-on-year to an estimated $645 billion. Musk, whose interests include the AI venture xAI and electric carmaker Tesla, crossed the $500 billion mark in October, making him the first person achieve this milestone.
Musk now ranks ahead of Larry Page and Jeff Bezos, whose fortunes are estimated at around $270 billion and $255 billion respectively.
The boom has also lifted the wealth of Jensen Huang, head of chipmaker Nvidia. His personal fortune rose by more than $40 billion as demand for AI chips surged.