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Elon Musk is the first person who lost 200 billion dollars in one year!

Elon Musk is the first person who lost 200 billion dollars in one year!

According to Bloomberg, Elon Musk, the CEO of SpaceX and Tesla, is the first person in the world $200 billion in net worth He lost himself within a year.

Musk, 51, was the second person with a personal fortune of more than $200 billion, after Jeff Bezos, the founder of Amazon; The figure he achieved in January 2021. Of course, in recent weeks, following the recent decline in Tesla shares, Elon Musk’s wealth has decreased to 137 billion dollars.

Musk’s wealth reached $340 billion in November 2021. He was the richest person in the world until last month. But in the end he handed over the throne to Bernard Arnault, the CEO of LVMH.

As you know, the condition of Tesla shares has not been very good this year and has decreased by 65% ​​until December 30. Tesla also recently announced price cuts on several of its models, offering $7,500 off its Model 3 and Model Y vehicles. It is also reported to have reduced production at its factory in Shanghai.

Elon Musk's $200 billion

Many attribute Tesla’s dismal fate this year to the Twitter deal in late October. Others believe that he is too involved in social media.

Musk bought Twitter in late October for $44 billion. He sold a significant stake in Tesla to help cover the Twitter acquisition. As a result, this independent company is no longer his biggest asset.

Wedbush CEO Dan Ives told Fox Business that he should name an official CEO for Twitter next month.

Musk previously announced that he would name a new CEO for Twitter following Twitter’s polling post about stepping down as the company’s chairman. He promised to follow the poll results. “I will resign as CEO as soon as I find someone stupid enough to accept this,” Musk wrote on Twitter. After that, I just manage the software and server teams.

  • Elon Musk’s silence against the request of 10 million users to withdraw from Twitter
  • Tesla was accused of illegally firing two employees critical of Elon Musk

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