How did Elon Musk lose $21.7bn in just one day?
26 July, 2024 11:11
One of the richest person in the world, Elon Musk’s wealth has decreased by $21.7 billion in just one day.
According to Bloomberg, despite the decrease in the wealth of Elon Musk, the owner of companies such as Tesla and X, by $21.7 billion, it seems impossible to take away the honour of being the richest person in the world.
The reason for Elon Musk’s decline in wealth is the 11 per cent drop in the share price of his company Tesla. He owns 21 per cent of the company’s shares.
Elon Musk still owns $241 billion and Jeff Bezos is in second place, decreasing $5 billion recently. Despite this, Jeff Bezos still owns $204 billion.
France’s Bernard is in third place with $187 billion. Facebook owner Mark Zuckerberg is the fourth richest person with $165 billion and Microsoft founder Bill Gates is the fifth richest person with $157 billion.
Catch all the Business News, Breaking News Event and Trending News Updates on GTV News
Join Our Whatsapp Channel GTV Whatsapp Official Channel to get the Daily News Update & Follow us on Google News.
Must Read
