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Net Worth Comparison

Michael Otto vs Elon Musk

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

Michael Otto

Michael Otto

CEO, Retail
Net Worth
$6.802B
+0.00% today
Elon Musk
Wealthier

Elon Musk

CEO, Tesla, Inc.
Net Worth
$807.656B
+$800.9B more than Michael
+1.18% today

Wealth at a Glance

Michael Otto$6.802B
Elon Musk$807.656B

Net worth gap: $800.9B — equivalent to 99% of Elon's total wealth.

Tale of the Tape

Michael Otto
Elon Musk
$6.802B
Net Worth
$807.656B
#576
Global Rank
#1
82
Age
54
GERMANY
Country
UNITED STATES
Retail, real estate
Source of Wealth
Tesla, SpaceX
Fashion & Retail
Industry
Technology
University of Hamburg, University of Munich (Doctorate)
Education
University of Pennsylvania (BA, BS)

Career Highlights

Michael Otto

  1. 1971
    Joined Otto Versand
    Began his career at the family business, Otto Versand (later Otto Group).
  2. 1981
    CEO of Otto Group
    Became CEO, leading the company's expansion and digital transformation.
  3. 1990s
    Pioneered Online Retail
    Championed the adoption of e-commerce within Otto Group.
  4. 1993
    Founded Michael Otto Foundation
    Established a foundation focused on environmental protection.
  5. 2007
    Chairman of Supervisory Board
    Stepped down as CEO, becoming Chairman of the Supervisory Board.

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

YearMichaelElonLeader
2022—$146B—
2023$6.9B$235.5BElon
2024$6.9B$839.6BElon
2025$6.9B$839BElon
2026$6.802B$807.656BElon

The Verdict: Elon Musk vs Michael Otto

As of June 2026, Elon Musk leads this comparison with a net worth of $807.656B, placing at #1 in the global rankings. Michael Otto follows at $6.802B — a gap of $800.9B.

The two leaders come from distinct industries — Fashion & Retail for Michael Otto 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.

Michael Otto is 82 years old versus 54 for Elon Musk, a difference of 28 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.

Explore Full Profiles

Michael Otto
Michael Otto
Full profile → net worth, bio, career history
Elon Musk
Elon Musk
Full profile → net worth, bio, career history

Net worth estimates updated daily from public financial disclosures. Methodology · Report an error