Elon Musk became the biggest loser of wealth in history
Elon Musk, who held the title of the world’s richest person for a long time, became the biggest loser of wealth in history by the end of 2022.
According to the Bloomberg Billionaires Index, Elon Musk’s net worth, the CEO of Tesla, SpaceX, and Twitter, has reached $137 billion, placing him second on the list of the world’s richest people after French entrepreneur Bernard Arnault, who has a wealth of $162 billion.
This is while Mr. Musk’s net worth had peaked at $340 billion in November 2021, but Bloomberg recently reported that he has lost nearly $200 billion of his wealth, which is considered an unprecedented figure in history.