Elon Musk; First person in the world to lose 200 billion dollars
![]() 705 Saturday, 31 December, 2022, 16:48 Tesla CEO Elon Musk is the first person in the world to lose $200 billion in wealth. According to the Bloomberg Billionaires Index, Musk’s net worth has fallen by more than $200 billion. Musk’s net worth crossed $200 billion in January 2021. Amazon’s Jeff Bezos is the only other person besides Musk to achieve this feat As of November 2021, Musk’s net worth was $340 billion. Currently it is just $137 billion. During this period, there was a drop of 203 billion dollars in Musk’s assets. Musk’s net worth has fallen due to a drop in Tesla’s stock price and the sale of shares to pay for the Twitter deal. Tesla shares are down 69 percent so far this year. Musk acquired the social media platform Twitter for $44 billion. Two weeks ago, Musk tweeted against the US Fed Reserve raising interest rates. In a recent podcast interview, Musk also advised against borrowing during stock market volatility. Musk is currently the second richest person in the world behind Bernard Arnault. Arnold’s net worth is $162 billion. India’s Gautam Adani is third with $121 billion. |
Anadolu reports on Turkey's plans to supply floating power plants to Ukraine
50626.01.2023, 18:30World Bank chief Malpass predicted low economic growth rates in 2023-2024
92122.01.2023, 21:24Finland freezes €187 million worth of Russian assets
95222.01.2023, 20:54Iranian currency falls to record low amid isolation and sanctions
79122.01.2023, 20:06If America's Megadrought Continues, the Impact Will Be Catastrophic (photo)
71422.01.2023, 19:12German finance minister warns against quick decoupling from China
61922.01.2023, 12:24EU to consider more Russia sanctions despite difficult debates
82220.01.2023, 10:30Russia's FAS fines Apple 1.2 bln rubles in case on app market abuse
95217.01.2023, 23:24