Elon Musk became the first man in history to lose $200 billion

Elon Musk became the first man in history to lose $200 billion 1

The founder of SpaceX and Tesla Elon Musk became the first man in history who was able to lose more than 200 billion dollars. It is reported by Bloomberg, citing its own calculations.

According to the agency, in November 2021 Musk had a fortune of 340 billion dollars, staying at the peak of his financial health. However, by the end of December 2022, the capital of the entrepreneur had fallen to 137 billion.

Bloomberg attributes this to the fall in the value of Tesla stock. Only for the last week, the company has fallen in price by $85 billion, and its market capitalization fell to $390 billion, although in January 2022, it was estimated at $1.2 trillion. The billionaire’s fortune was also affected by the purchase of Twitter* for $44 billion.

Nevertheless, Musk is still on the second line of the world ranking of billionaires. It is headed by Bernard Arnault, president of the LVMH (Louis Vuitton Moet Hennessy) group, whose fortune is about $162 billion.

Earlier, Elon Musk attracted public attention amid the release on Netflix of the film “Get the Knives: Glass Bulb,” directed by Ryan Johnson. Many saw one of the film’s characters, the billionaire Miles Bourne, as a parody of the SpaceX founder. This opinion was formed because of a number of controversial decisions that Musk made after the purchase of Twitter. Johnson, however, said it was only a “monstrous coincidence.”

“It’s so strange. It’s just amazing. I hope Netflix doesn’t have some secret marketing department funding the Twitter purchase,” he joked in an interview with Wired.