Elon Musk; First person in the world to lose 200 billion dollars
![]() 1889 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. |
House sends GOP’s ‘big, beautiful bill’ to Trump’s desk in major win for Republicans
637Yesterday, 00:16Canada transfers US$1.7bn in revenues from frozen Russian assets to Ukraine
95830.06.2025, 21:40Trump expected to sign executive order easing Syria sanctions
100630.06.2025, 19:58"No wonder Putin found common ground with Iran" - Zelensky joins sanctions against Iran
117230.06.2025, 09:34"Why did Armenia take such a position? Perhaps, not everything is smooth with us" - Lukashenko
151926.06.2025, 20:34#Hürriyet։ "Oil prices will rise if Iran closes the Strait of Hormuz"
213516.06.2025, 16:04Omani fund replaces Russia's Alrosa in Angolan diamond miner Catoca
270809.06.2025, 20:52World's highest railway bridge opens in India (video)
330907.06.2025, 21:19