Elon Musk became the first person to lose $200 billion
Washington: American tycoon Elon Musk became the first person to lose 200 billion dollars in a year.
Tesla’s CEO has suffered one of the biggest losses in history as the company’s shares have tumbled in recent weeks.
Elon Musk became the second person to hit $200 billion in personal wealth in January 2012, previously surpassed by Jeff Barrows.
According to the Bloomberg Billionaires Index, 51-year-old Elon Musk has lost $137 billion in the past few weeks after Tesla’s stock plunged.
On November 4, 2021, Elon Musk’s assets peaked and his worth was estimated at $340 billion. Learn more about Instant Famous.
Due to dwindling assets, in December 2022, French tycoon Bernard Agnew overtook him as the world’s richest man.
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