According to Bloomberg Billionaires Index, the 51-year-old entrepreneur has seen an astounding $200 billion worth loss since November 2021. 14 months ago, Musk reportedly had a $340 billion net worth. He is currently valued at $139 billion, which also cost him the title of richest man in the world. The chairman of French lifestyle brand Bernard Arnault, who is worth $162 billion, currently holds the position.
As of December 27, the stock price of Tesla had fallen by about 70% for the year. Longtime Tesla investors are urging the company's board of directors to persuade Musk to return his attention to the maker of electric vehicles.
Although Musk lost the title of world's richest person this year, Forbes estimates that his net worth as of Dec. 27 was close to $139 billion, making him the richest American.
That's a lot of Bacon, Bands ,Bank, Benjamins, Bread, Biscuits, Buckaroos!!!