Net Worth Comparison

Andrew Forrest & family vs Elon Musk

Real-time net worth, career, and company comparison — updated June 2026.

Andrew Forrest & family

Andrew Forrest & family

CEO, Mining
Net Worth
$20.438B
-0.51% today
Elon Musk
Wealthier

Elon Musk

Net Worth
$807.656B
+$787.2B more than Andrew
+1.18% today

Wealth at a Glance

Andrew Forrest & family$20.438B
Elon Musk$807.656B

Net worth gap: $787.2B — equivalent to 97% of Elon's total wealth.

Tale of the Tape

Andrew Forrest & family
Elon Musk
$20.438B
Net Worth
$807.656B
#130
Global Rank
#1
64
Age
54
AUSTRALIA
Country
UNITED STATES
Mining
Source of Wealth
Tesla, SpaceX
Metals & Mining
Industry
Technology
University of Western Australia (Bachelor of Arts in Economics, PhD in Marine Ecology)
Education
University of Pennsylvania (BA, BS)

Career Highlights

Andrew Forrest & family

  1. 2003
    Founder of Fortescue Metals Group
    Established Fortescue Metals Group, which became a major player in the global iron ore market.
  2. 2001
    Co-founded Minderoo Foundation
    Established the Minderoo Foundation with his wife, Nicola Forrest, focusing on philanthropy.
  3. 2017
    Officer of the Order of Australia
    Awarded for his service to mining, employment, sustainable foreign investment, and philanthropy.
  4. 2019
    Awarded a PhD in Marine Science
    Earned a PhD from the University of Western Australia.

Elon Musk

  1. 1995
    Co-founded Zip2
    Co-founded Zip2, an online city guide for newspapers.
  2. 1999
    Co-founded X.com
    Co-founded X.com, which later became PayPal.
  3. 2002
    Founded SpaceX
    Founded Space Exploration Technologies Corp. (SpaceX).
  4. 2004
    Became Chairman of Tesla
    Led the first funding round for Tesla and became its Chairman.
  5. 2008
    Became CEO of Tesla
    Became CEO of Tesla Motors.

Net Worth History

YearAndrewElonLeader
2022$17.5B$146BElon
2023$21.7B$235.5BElon
2024$19.8B$839.6BElon
2025$20.3B$839BElon
2026$20.438B$807.656BElon

The Verdict: Elon Musk vs Andrew Forrest & family

As of June 2026, Elon Musk leads this comparison with a net worth of $807.656B, placing at #1 in the global rankings. Andrew Forrest & family follows at $20.438B — a gap of $787.2B.

The two leaders come from distinct industries — Metals & Mining for Andrew Forrest & family and Technology for Elon Musk. Comparing them is therefore a comparison of different underlying asset types, growth rates, and risk profiles rather than a simple head-to-head within the same market.

Andrew Forrest & family is 64 years old versus 54 for Elon Musk, a difference of 10 years. Age context matters in wealth comparisons: a younger billionaire at the same net worth has had less time to accumulate — and in many cases represents a higher compound annual growth rate on their wealth.

Net worth figures are estimates calculated from public shareholding disclosures, stock price data, and reported asset values. See our full methodology.