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Elon Musk loses $110 billion a year and continues to become the richest in the world

  • October 23, 2022
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The most popular entrepreneur in the world Elon Musk, not only in popularity, but also managed to achieve serious financial success. Elon Musk, who in recent years managed

Elon Musk loses 0 billion a year and continues to become the richest in the world

The most popular entrepreneur in the world Elon Musk, not only in popularity, but also managed to achieve serious financial success. Elon Musk, who in recent years managed to become the richest person in the world, also manages to maintain his success.

According to research by Forbes, Elon Musk $209 billion remains the richest person on paper with his wealth. While this figure is impressive, Musk’s net worth reached $320 billion last November.

Musk’s fortune is linked to Tesla

Elon Musk

Elon Musk lately Attempt to buy Twitter and SpaceXiAlthough he is often on the agenda, the main source of his wealth is the electric car company Tesla. Shares of the company have lost 46% since January, with the company valuing the company at $672 billion, according to Friday’s closing figures. Musk’s fortune dropped to $209 billion. Musk owns 155 million shares of the company.

Musk’s fortune has melted $28 billion in the past month and CEO of Tesla and SpaceX wealth in about 1 year despite a 35% drop Musk remains the richest person in the world. Musk’s personal wealth is greater than Bezos’ $71 billion$80 billion more than Gates’ fortune.

Not everything is rosy for Musk, though. He sold some of his Tesla shares because of… Twitter deal Musk, who wants to complete it, will sell Tesla shares with a value of 5 to 10 billion dollars in the coming period.

Source: Web Tekno

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