The Bloomberg newspaper revealed that the wealth of American businessman, Elon Musk, considered the richest man in the world, dropped 5.4% on Tuesday, to 192.7 billion dollars.
And Bloomberg explained that the fall came after shares of car company “Tesla” (owned by Musk) fell about 7%, as the electric car manufacturer’s losses were exceeded the losses of the S & P500 more broadly. index, which ended the day down 0.8%.
While Musk’s fortune is at its lowest point since Aug. 26, the Tesla co-founder remains the richest among a handful of people with a fortune of at least $ 100 billion, according to the Bloomberg Index, while Jeff Bezos , founder of Amazon, was in second place, with a value of $ 127.8 billion.
Musk’s fortune fell below the $ 200 billion threshold in March, but markets witnessed an immediate recovery, reaching its net worth of $ 288 billion on April 4, according to the Wealth Index. the same day Musk revealed that he had acquired approximately 9% of the social media platform “Twitter”, since a few days ago he launched a acquisition offer and finally got the approval of the Board of Directors, but doubts about the acquisition grew amid the collapse of tech stocks, as shares of the two companies dropped.
Musk said earlier this month that the deal was on hold until Twitter provided public evidence of the number of accounts on the platform controlled by the bots, while Twitter confirmed that the purchase was proceeding as planned.
Source: Bloomberg
Source: Arabic RT
