Elon Musk Remains World’s Richest Person After Losing $50 Billion in 2 Days

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on pinterest
Pinterest
Share on whatsapp
WhatsApp
Share on telegram
Telegram

Elon Musk Remains World’s Richest Person After Losing $50 Billion in 2 Days

By CNBS News

The world’s richest person, Elon Musk, lost a whooping $50 billion from his net worth in just two days after the shares of his company Tesla plunged sharply.

Musk’s wealth decline is the steepest in the two-day history of the Bloomberg Billionaires Index and the biggest one-day fall since Jeff Bezos’s $36 billion plunge following his divorce with Mackenzie Scott in 2019, reported Bloomberg.

According to the report, the sharp decline in Tesla stocks came amid a turbulent few days for the electric carmaker.

It all started when Elon Musk asked his Twitter followers over the weekend whether he should sell 10 per cent of his stake in the company. This was followed by news that his brother Kimbal Musk sold shares just before the poll. Claims were also made that Musk may want to sell his stake to cover his personal debts.

STILL THE WORLD’S RICHEST PERSON

While Musk has lost a sizeable chunk of his net worth after the fall in Tesla stocks, he still remains the world’s richest person by a good margin.

Elon Musk’s net worth decreased to $288 billion, down 35 billion in the past 24 hours. As a result, Musk’s lead over Jeff Bezos as the world’s richest person has dropped to $82 billion.

The wealth gap between Musk and Bezos recently increased to as much as $143 billion, higher than the total net worth of Bill Gates, who is the fourth-richest person in the world.

Following the decline in Tesla shares, Cathie Wood’s Ark Investment Management lost more than $750 million on Tuesday. Meanwhile, Oracle Corp. founder Larry Ellison, who is the second-largest shareholder in Tesla, lost $2.1 billion.

Even after the massive slump, Musk’s fortune is up 70 per cent this year due to Tesla’s gains on the back of strong earnings growth and delivery numbers. A higher valuation for SpaceX also helped boost Elon Musk’s net worth.

*Note We Deliberately Miss Spell Some Words or Add Capital Letters To Get Around Big Tech Censoring.

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on pinterest
Pinterest
Share on whatsapp
WhatsApp
Share on telegram
Telegram

Truthbook.social offering hundreds of thousands in giveaways for those joining its new social media platform as many desert Facebook in droves because of censoring

Here is some of the current incentives being offered to new users

Join www.truthbook.social our new social media platform backed by Independent Media. where you can speak the truth, and not be banned. Plus you'll receive $50 USD in www.truthcoin.social,the crypto currency backing the project, when you join, plus a lot more for sharing posts. www.truthbook.social

Subscribe for free to our ANR news emails and access 2 free ebooks plus Reports to share with family and friends about Covid fraud and the danger of the vaccines.

For ANR Smaller Donors please donate below to help fund our critical not for profit work. Together we can defeat mainstream media.

We are a not for profit Independent Media Company which survives off donations, even as little as $5 per month . Please donate now to help fund our work

Truthcoin Offer

$1000 USD turns into Now $6000 Truthcoin
$2,500 USD turns into Now $25,000 Truthcoin
$5000 USD turns into Now $65,000 Truthcoin
$10,000 USD turns into Now $150,000 Truthcoin
$15,000 USD turns into Now $250,000 Truthcoin
$50,000 USD turns into Now $1.15 Million Truthcoin
$100,000 USD turns into Now $2.5 Million Truthcoin

Leave a Reply

Your email address will not be published.

Play Video

McIntyre Report
Political Talk Show

We are a not for profit Independent Media Company which survives off donations, even as little as $5 per month . Please donate now to help fund our work

Raw Report

Ryan Jackson Saw show

in USD

in AUD

in GBP

in CAD

Jamie McIntyre

ANR on

Currency Exchange Rates in AUD

Live and updated every minute of the day

Current Price of Bitcoin 2.0
0.10 on Azbit

Nurses Speak Out

ANR Meme Report

with Nadine Roberts

Episode 002

21st Century Political System

Play Video

Editor's Pick

Get our free News Emails on latest articles, alerts and solutions for both legal templates and ways to help fight back against the Globalists vax Mandates , and health resources to boost your immune system and ways to Protect from deadly EMF 5G radiation and more.

FREE E-BOOKS AND REPORTS ALSO

Download the Full PDF - THE COVID-19 FRAUD & WAR ON HUMANITY