Science

Elon Musk lost $100 billion in 2022

He is still the richest man in the world.

Belgium

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From the editor
Published on 28.11.2022 at 07:22
Reading time: 1 min.

The Twitter boss falls out of the nest but clings to the branch. According to Bloomberg, Elon Musk would have lost $100 billion in 2022. His net worth, which was estimated at $340 billion in November 2021, will now be “over” $170 billion. Why is his portfolio collapsing? Due to the collapse in the price of Tesla shares, which have lost almost 60% of their value in recent months.

Indeed, those who are interested in the markets will notice that they were seriously disrupted during the year, in particular due to the war in Ukraine. However, Elon Musk should not worry too much. The multibillionaire is still the richest person on this planet. Even if $100 billion less, his fortune still exceeds that of Bernard Arnault, Jeff Bezos and Bill Gates.

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