The boss of Tesla, SpaceX and Twitter indeed lost more than half of his fortune between November 2021 and December 2022, according to the Bloomberg Billionaires Index, largely due to the collapse of Tesla shares.
Specifically, Elon Musk lost $208 billion, which is roughly equivalent to the GDP of Greece!
These crazy numbers that made the year 2022
After topping the list of the richest people for most of last year, Elon Musk lost his spot to French business tycoon Bernard Arnault (LVMH) in early December, although he remains ahead other American tech billionaires like Jeff Bezos (Amazon).
338 billion at most
According to Bloomberg, Elon Musk’s net worth peaked at $338 billion in November 2021, coinciding with Tesla’s prosperity. But the electric car maker lost regarding 70% of its value in 2022 following production delays in China, vehicle recalls and investor concerns over the multi-entrepreneur’s chaotic takeover of Twitter. . Hence a new record which the fantastic entrepreneur can boast of, that of the greatest loss of fortune in modern history.
