Lakshmi Mittal vs Elon Musk
Real-time net worth, career, and company comparison — updated June 2026.
Wealth at a Glance
Net worth gap: $777.8B — equivalent to 96% of Elon's total wealth.
Tale of the Tape
Career Highlights
Lakshmi Mittal
- 1976Founded Ispat InternationalEstablished his own steel company after working in the family business.
- 1989Acquired Iron and Steel Company of Trinidad and TobagoBegan expanding the business through strategic acquisitions.
- 2006Mittal Steel merged with ArcelorCreated ArcelorMittal, the world's largest steel company.
- 2008Named to the Board of Directors of Goldman SachsJoined the board of directors of Goldman Sachs.
- 2017Donated $25 million to Harvard UniversityEstablished the Lakshmi Mittal and Family South Asia Institute at Harvard University.
Elon Musk
- 1995Co-founded Zip2Co-founded Zip2, an online city guide for newspapers.
- 1999Co-founded X.comCo-founded X.com, which later became PayPal.
- 2002Founded SpaceXFounded Space Exploration Technologies Corp. (SpaceX).
- 2004Became Chairman of TeslaLed the first funding round for Tesla and became its Chairman.
- 2008Became CEO of TeslaBecame CEO of Tesla Motors.
Net Worth History
| Year | Lakshmi | Elon | Leader |
|---|---|---|---|
| 2022 | — | $146B | — |
| 2023 | — | $235.5B | — |
| 2024 | $30.5B | $839.6B | Elon |
| 2025 | $31B | $839B | Elon |
| 2026 | $29.831B | $807.656B | Elon |
The Verdict: Elon Musk vs Lakshmi Mittal
As of June 2026, Elon Musk leads this comparison with a net worth of $807.656B, placing at #1 in the global rankings. Lakshmi Mittal follows at $29.831B — a gap of $777.8B.
The two leaders come from distinct industries — Metals & Mining for Lakshmi Mittal 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.
Lakshmi Mittal is 75 years old versus 54 for Elon Musk, a difference of 21 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.
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Net worth estimates updated daily from public financial disclosures. Methodology · Report an error