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Thursday, 21 November
business

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

The founder of Tesla inc. and SpaceX, Elon Musk falls to the second place in the list of the richest people, and Jeff Bezos, head of Amazon, returned to the first place, as was reported by Forbes.

After a brief stint as the wealthiest person on the planet, Tesla billionaire Elon Musk is again the second-richest person in the world after his fortune fell by nearly $14 billion in one day,” the agency reported.

Shares of his electric-vehicle maker, Tesla, fell by nearly 8% on Monday, pushing Musk’s net worth down by $13.5 billion, to $176.2 billion. After briefly overtaking Amazon CEO Jeff Bezos as the world’s richest person last Friday, Musk has again fallen to the second spot, according to Forbes’ estimates. He is now about $6 billion behind Bezos, who has a net worth of $182.1 billion. Shares of Amazon fell by more than 2% on Monday, lowering Bezos’ net worth by $3.6 billion.

Despite Musk’s drop on Monday, he is still some $20 billion richer than the third richest person in the world, French luxury tycoon Bernard Arnault (worth $154.6 billion today).

Elon MuskPhoto: Forbes

За останній рік статок Маска збільшився більш ніж на $160 млрд з березня 2020. Тоді він становив $24,6 млрд. Зростання забезпечили акції Tesla, який в 2020 додали у вартості 720%. Акції Tesla росли на тлі впевненості Уолл-стріт в переорієнтації автомобільного ринку на електромобілі. Також 21 грудня 2020 Tesla булододановіндекс S&P 500.

Over the past year, Mask's fortune has increased by more than $ 160 billion since March 2020. Back then it amounted to $ 24.6 billion. The growth was provided by shares of Tesla, which in 2020 added 720% in value. Tesla shares rose amid Wall Street's confidence in the reorientation of the car market to electric cars. Also on December 21, 2020, Tesla was added to the S&P 500 index.