Elon Musk Is Still , the World's Richest Man Despite, Losing $100 Billion in 2022.
Business Insider reports that billionaire Elon Musk has
lost about $100 billion this year, the largest one year
drop ever reported by the Bloomberg Billionaires Index.
Business Insider reports that billionaire Elon Musk has
lost about $100 billion this year, the largest one year
drop ever reported by the Bloomberg Billionaires Index.
The Tesla, SpaceX and now Twitter
CEO's net worth reached its lowest
point in 2022 on November 22.
The Tesla, SpaceX and now Twitter
CEO's net worth reached its lowest
point in 2022 on November 22.
Musk's net worth, which peaked
at $340 billion last November,
dropped to around $170 billion. .
The plunge was reportedly
caused by Tesla shares falling to
a two-year low on November 21. .
Musk's 15% stake in Tesla means that
the billionaire lost about $8.6 billion in just
one day as those stocks declined.
So far in 2022, Tesla stocks
have dropped about 58.03%.
Despite the losses, Musk remains
the world's richest individual. .
Musk's net worth eclipses that of LVMH Moet Hennessy
Louis Vuitton CEO Bernarn Arnault, Amazon founder
Jeff Bezos and Microsoft co-founder Bill Gates. .
Musk's net worth eclipses that of LVMH Moet Hennessy
Louis Vuitton CEO Bernarn Arnault, Amazon founder
Jeff Bezos and Microsoft co-founder Bill Gates. .
Musk's net worth eclipses that of LVMH Moet Hennessy
Louis Vuitton CEO Bernarn Arnault, Amazon founder
Jeff Bezos and Microsoft co-founder Bill Gates. .
Business Insider reports that Tesla stocks have faced broad
tech market selloffs amid fears of an economic downturn
and aggressive rate hikes by the Federal Reserve.
Business Insider reports that Tesla stocks have faced broad
tech market selloffs amid fears of an economic downturn
and aggressive rate hikes by the Federal Reserve.
Additional concerns that have driven down the value
of Tesla stocks are China's zero-COVID policies
and Musk's recent high-profile takeover of Twitter. .
Additional concerns that have driven down the value
of Tesla stocks are China's zero-COVID policies
and Musk's recent high-profile takeover of Twitter.