Elon Musk lost $140 billion in 2022 – Bloomberg
- December 28, 2022
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According to the Bloomberg Billionaires Index, Elon Musk has lost nearly $140 billion in personal wealth since the start of 2022. The loss of most of Musk’s wealth
According to the Bloomberg Billionaires Index, Elon Musk has lost nearly $140 billion in personal wealth since the start of 2022.
The loss of most of Musk’s wealth is attributed to the 68% drop in Tesla shares and his acquisition of Twitter for $ 44 billion. As of December 28, Elon Musk’s total wealth is estimated to be $ 130 billion.
It is stated that Musk’s share in SpaceX is currently the most valuable asset of $ 47 billion, and his share in Tesla is about $ 40 billion. Despite the businessman’s purchase of Twitter for $ 40 billion, experts value the company only $ 20. Also, according to Bloomberg, Musk’s stake in The Boring Company is $3.3 billion.
Despite the sharp decline, the businessman remains the second in the list of the richest people in the world. Bernard Arnault, co-founder and CEO of LVMH, takes the first place with a fortune of 163 billion dollars. In the ranking, Indian businessman Gautam Adani with a fortune of 116 billion dollars took the third place and Jeff Bezos, the founder of Amazon, took the sixth place with a fortune of 106 billion dollars. It lost $86.3 billion last year.
Source: Port Altele
John Wilkes is a seasoned journalist and author at Div Bracket. He specializes in covering trending news across a wide range of topics, from politics to entertainment and everything in between.
