Elon Musk, the proprietor of firms like Tesla, X and SpaceX, is the richest particular person on this planet, and even with billions of {dollars} in his wealth, it appears tough to remove the title.
Based on the report of the American journal Forbes, Elon Musk’s wealth has decreased by greater than 18 billion {dollars} in sooner or later.
On January 25, Tesla’s share value fell by 13%, which resulted in Elon Musk’s wealth additionally falling by greater than 18 billion {dollars}.
It must be famous that Elon Musk owns 21% of Tesla’s shares and 68% of his internet value is tied to shares of the identical firm.
Tesla’s quarterly earnings report was launched on January 24, revealing that a number of targets weren’t met.
In consequence, on January 25, Tesla misplaced $80 billion and Elon Musk misplaced $18.8 billion.
Regardless of this enormous decline, Elon Musk nonetheless owns $198 billion and stays the richest particular person on this planet.
His wealth is $15 billion greater than Jeff Bezos, who’s second on the listing.
Then once more, within the Forbes listing, Elon Musk has occupied the title of the richest particular person on this planet with 204.2 billion {dollars}.
However on this listing, France’s Bernard Arnault is second with $185 billion and Jeff Bezos is third with $179 billion.
It must be famous that the start of 2024 shouldn’t be excellent for him as his wealth has decreased by 30.9 billion {dollars} throughout January.
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2024-05-20 04:47:47
