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Elon Musk solidifies his place in history after losing $200 billion from his fortune

The founder and CEO of Tesla Inc. is an American billionaire Elon Musk He set a record in terms of the amount of money he lost, which amounted to $200 billion (€187 billion), thus becoming the first person in modern history to lose his wealth in 14 months, a huge amount of this size, second in the Bloomberg Billionaires Index.

And the US agency “Bloomberg” said that in November 2021 Musk was at the top of the list of the richest people in the world, with a fortune of 340 billion dollars, but the value of his revolution has dropped significantly, reaching now the $137 billion cap, and thus becomes the second person on that list, after Frenchman Bernard Arnault.

The agency indicated that the drop in the price of shares “Tesla”, which lost 65 percent of its value, is the main reason for the large loss suffered by Musk, forced to finance the acquisition of “Tesla”.ChirpingWith $44 billion, he sold large amounts of his company’s stock, and according to “Bloomberg,” Musk’s stake in Tesla is no longer his biggest financial asset.

And Musk’s (51-year-old) revolution has grown with a major boost from his stake in Tesla, whose market value in October 2021 exceeded US trillion, thus joining tech giants such as “Amazon” and ” Microsoft” and “. Apple”, but the market value of “Tesla” has dropped a lot over the past year and is now worth $385 billion.

Interestingly, Musk’s $44.8 billion stake in the company “SpaceX” is the highest value of his fortune, knowing that he owns 42.2 percent of his shares in this company, followed by his stake in “Tesla” with a value of $ 44 billion, plus investments Others owned by Musk, valued at $28 billion.

It is worth noting that data from the American magazine Forbes, released before the middle of last month, stated that Musk had dropped to second place in the ranking of the richest people in the world after becoming Bernard Arnault Chief Executive Officer and President of the LVMH Group.

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