Business

Musk Loses $165 billion of Personal Fortune

today01/10/2023 17

Background
share close

The Chief Executive Officer of Tesla, Elon Musk, has been listed in the Book of Record for losing $165 billion of his personal fortune.

Musk was listed as the ‘largest loss of personal fortune’ after losing the amount in December 2022.

Forbes reported that his net worth dropped from its peak of $320 billion in November 2021 to $155 billion one year later, largely down to poor performance of Tesla’s stock.

Written by: Helen Obih

Rate it

Previous post

World

China Stops Visa Issuance to South Korea

China’s Embassy has stopped issuing short-term visas to South Koreans. The announcement comes a day after Chinese foreign minister Qin Gang, expressed concern about the restrictions. This comes after Seoul imposed travel restrictions on travelers from China amid concerns about the outbreak of COVID-19 in the country. It is Beijing’s first retaliatory move against countries that have introduced new measures on arrivals from China, which suddenly abandoned its strict zero-COVID […]

today01/10/2023 16

Post comments (0)

Leave a reply

Your email address will not be published. Required fields are marked *

0%
Our customer support team is here to answer your questions.
error: Alert: Content is protected !!