oops The billionaire remains the richest man in the world with an estimated fortune of $169.8 billion
Even with $100 billion less in his bank account, Elon Musk remains the richest man on the planet. Illustration photo — Susan Walsh/AP/SIPA
Over $100 billion. Here is the colossal sum that Elon Musk has lost this year, according to calculations by Bloomberg relayed by Phonandroid. The businessman’s finances have suffered greatly from the sudden drop in Tesla shares on the stock market, which lost 6.8% of their value last Monday. That is a loss of 8.6 billion euros in a single day. A depreciation which is added to the all those already suffered during the year.
However, even with 100 billion dollars less in his bank account, Elon Musk remains the richest man on the planet. His fortune is currently estimated at 169.8 billion dollars, or 163.12 billion euros. a very delicate situation for the boss of Tesla, Space X, and more recently Twitter.
Indeed, the automaker is in big trouble. for a few months, especially due to China’s strict policy regarding the management of Covid-19. This situation leads to blockages in production and deprives the brand of its second largest market. after the United States. Recently, 300,000 cars also failed. being recalled due to dangerous bugs. Result: Tesla stock fell. 52% this year and hit its lowest level since November 2020. And the chaotic takeover of Twitter by Elon Musk has something to do with it. Some investors are worried and believe that the billionaire spreads too thinly.