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Elon Musk lost his title

Elon Musk lost his title (lost $ 13.5 billion in 1 day). Elon Musk, who won the title of the richest person in the world by passing Jeff Bezos last week, fell to second place again.

Elon Musk, the boss of Tesla and SpaceX companies, became the richest person in the world, surpassing Amazon’s founder Jeff Bezos, with a fortune of over $ 185 billion.

However, Musk soon lost his title. After the 8 percent decrease in Tesla stocks, Musk returned to the second place.

Due to this depreciation of Tesla stocks, Musk’s personal wealth decreased by $ 13.5 billion in one day.

After this decline, Musk’s personal wealth declined to $ 176.2 billion. Amazon’s boss Bezos, on the other hand, reclaimed the title of the richest person in the world with $ 182.1 billion.

Musk started 2020 with about $ 27 billion and was among the 50 richest people in the world.

Tesla’s share price, which has increased more than nine times in the last year, has contributed more than $ 150 billion to Musk.

Elon Musk surpassed Waren Buffet as the seventh richest person in the world in July. In November, Musk surpassed Bill Gates to become the second richest person.

Musk has made more fortunes in the past 12 months than Bill Gates total net worth of $ 132 billion.

Written by Maraaz

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