Science

Elon Musk blames it on the biggest loss of wealth in modern history

According to the Bloomberg Billionaires Index, the boss of Tesla, SpaceX and Twitter did indeed lose more than half of his fortune between November 2021 and December 2022, largely due to the collapse of Tesla shares.

In particular, Elon Musk lost $208 billion, which is roughly equivalent to Greece’s GDP!

These crazy numbers that made 2022

After Elon Musk topped the list of the richest people for most of last year, he gave way to French business mogul Bernard Arnault (LVMH) in early December, although he remains ahead of other American tech billionaires such as Jeff Bezos (Amazon). ).

338 billion maximum

According to Bloomberg, Elon Musk’s net worth peaked at $338 billion in November 2021, coinciding with Tesla’s prosperity. But the electric car maker lost about 70% of its value in 2022 due to production delays in China, vehicle recalls and investor concerns about a chaotic takeover of Twitter by a multi-entrepreneur. Hence the new record that the fantastic entrepreneur boasts, the record for the greatest loss of wealth in modern history.

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