Business

Musk Loses $165 billion of Personal Fortune

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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

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