Net Worth Comparison

Terence (Terry) Matthews vs Elon Musk

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

Terence (Terry) Matthews

Terence (Terry) Matthews

CEO, Telecom
Net Worth
$1.577B
+0.06% today
Elon Musk
Wealthier

Elon Musk

Net Worth
$807.656B
+$806.1B more than Terence
+1.18% today

Wealth at a Glance

Terence (Terry) Matthews$1.577B
Elon Musk$807.656B

Net worth gap: $806.1B — equivalent to 100% of Elon's total wealth.

Tale of the Tape

Terence (Terry) Matthews
Elon Musk
$1.577B
Net Worth
$807.656B
#2523
Global Rank
#1
82
Age
54
CANADA
Country
UNITED STATES
Telecom
Source of Wealth
Tesla, SpaceX
Telecom
Industry
Technology
Bachelor of Arts/Science, University of Wales; Doctorate, Carleton College
Education
University of Pennsylvania (BA, BS)

Career Highlights

Terence (Terry) Matthews

  1. 1972
    Co-founded Mitel
    Co-founded Mitel, which became a major player in the telecommunications industry
  2. 1986
    Founded Newbridge Networks
    Founded Newbridge Networks, a data networking business
  3. 2000
    Sold Newbridge Networks
    Sold Newbridge Networks to Alcatel for $7.1 billion
  4. 2018
    Left Mitel
    Left his chairman role at Mitel after the company was acquired

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

YearTerenceElonLeader
2022$146B
2023$1.33B$235.5BElon
2024$1.6B$839.6BElon
2025$1.6B$839BElon
2026$1.577B$807.656BElon

The Verdict: Elon Musk vs Terence (Terry) Matthews

As of June 2026, Elon Musk leads this comparison with a net worth of $807.656B, placing at #1 in the global rankings. Terence (Terry) Matthews follows at $1.577B — a gap of $806.1B.

The two leaders come from distinct industries — Telecom for Terence (Terry) Matthews 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.

Terence (Terry) Matthews 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.