Connect with us

News

Elon Musk falls to second richest person in the world after his fortune falls by nearly $14 Billion in one day

Published

on

BEVERLY HILLS, CA – FEBRUARY 22: CEO of Tesla and Space X Elon Musk attends the 2015 Vanity Fair Oscar Party hosted by Graydon Carter at Wallis Annenberg Center for the Performing Arts on February 22, 2015 in Beverly Hills, California. (Photo by Pascal Le Segretain/Getty Images)

Elon Musk’s position as the wealthiest person in the world was short-lived after his fortune fell by nearly $14 billion in one day.

The Tesla billionaire is now the second-richest person in the world.

Shares of his electric-vehicle maker, Tesla, fell by nearly 8% on Monday, Jan 11.This pushed Musk’s fortune down to US$176.2 billion.

After briefly overtaking Amazon CEO Jeff Bezos as the world’s richest person last Friday, Jan 8, Musk has again fallen to second spot, according to Forbes’ estimates.

He is now about $6 billion behind Bezos, who has a net worth of $182.1 billion.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

    Copyright © 2020 Gistsfanz