The fortune of the richest man in the world fell 5.4 percent to $ 192.7 billion on Tuesday, after Tesla’s stock fell nearly 7 percent. The electric car maker lost 0.8 percent from the broader S&P 500 index, which ended the same day.
According to the Bloomberg Billionaires Index, while Tesla CEO Ilan Musk’s fortune is at its lowest level since August 26, Tesla’s founder, with at least $ 100 billion, is still the richest man in the world.
Amazon co-founder Jeff Bezos came in second with $ 127.8 billion.
According to the Wealth Index, this is the first time that Mask’s wealth has fallen below the $ 200 billion threshold seen in March, but markets have seen an immediate recovery, with his net worth reaching $ 288 billion on April 4, according to the Wealth Index. Receipt.
The current decline indicates that Mask has lost a third of his fortune from the highest levels recorded this year.
That was the day Musk revealed that he had taken over about 9% of Twitter’s social media platform. A few days later, he made an offer to take over and eventually received the board’s approval, but as technology shares fell and the two companies fell, doubts about the purchase increased.
Musk said earlier this month that the deal would be suspended as long as Twitter had public evidence of the number of accounts on the platform being controlled by bots and fake accounts.
Source: Lebanon Debate
