The $200 Billion club loses last member as Elon Musk’s wealth tumbles

Spread the love

[ad_1]

Musk’s wealth peaked at $340.4 billion on November 4, when Tesla shares reached a record high. His wealth tumble by $13.3 billion on Wednesday to $198.6 billion.

No person on the planet has a fortune of more than $200 billion- at least for now. 

Elon Musk, the only billionaire who still exceeded that threshold heading into this week, saw his wealth tumble by $13.3 billion on Wednesday to $198.6 billion. Tesla Inc. shares fell for the fourth-straight day to the lowest level since September amid a broad decline in stock markets around the globe.

Tesla’s 50-year-old chief executive officer remains the richest person in the world, according to the Bloomberg Billionaires Index. Still, Musk has seen $71.7 billion wiped out from his fortune so far this year, more than the next three wealthiest people combined, as markets grapple with geopolitical tensions around Ukraine and more hawkish central banks.

Musk’s wealth peaked at $340.4 billion on November 4, when Tesla shares reached a record high. Days later, he asked his Twitter followers if he should sell part of his stake, sparking a sharp decline in the company’s stock that erased $35 billion from his net worth in a day – a nearly unprecedented sum. He eventually completed a series of stock sales worth more than $16 billion and also donated $5.7 billion of shares to charity.

Amazon.com Inc. founder Jeff Bezos is the only other person whose wealth has ever exceeded the $200 billion mark, first reaching that milestone in April. His fortune fluctuated around that level for most of last year before dropping below it for good in December.


Close Story

[ad_2]

Source link

Journalist Details

Featured Times
Tags:

50 thoughts on “The $200 Billion club loses last member as Elon Musk’s wealth tumbles

  1. Hey very cool site!! Man .. Excellent .. Amazing .. I will
    bookmark your site and take the feeds also? I’m satisfied to find so many
    useful information right here within the post, we want
    work out extra techniques on this regard, thanks for
    sharing. . . . . .

  2. Hiya! I know this is kinda off topic but I’d figured I’d
    ask. Would you be interested in exchanging links or
    maybe guest writing a blog post or vice-versa? My site
    goes over a lot of the same topics as yours and I think we
    could greatly benefit from each other. If you’re interested
    feel free to send me an email. I look forward to hearing from you!
    Fantastic blog by the way!

  3. Thanks , I have recently been searching for information approximately this subject for
    ages and yours is the best I’ve came upon till now.
    But, what concerning the conclusion? Are you positive about
    the supply?

  4. I have been browsing online more than 3 hours today, yet I never found any interesting article like yours.
    It is pretty worth enough for me. Personally, if all web
    owners and bloggers made good content as you did,
    the net will be much more useful than ever before.

  5. We’re a group of volunteers and starting a new
    scheme in our community. Your web site provided us with valuable information to work on. You have done a formidable job and our entire community will be thankful to you.

  6. Write more, thats all I have to say. Literally, it seems as though you relied on the video to make your point.

    You clearly know what youre talking about, why throw away your intelligence
    on just posting videos to your weblog when you could be giving us something enlightening to read?

  7. I’m not sure exactly why but this weblog is loading very slow
    for me. Is anyone else having this problem or is
    it a issue on my end? I’ll check back later and see
    if the problem still exists.

  8. Undeniably believe that which you said. Your favorite justification seemed to be on the web the easiest thing to be aware of.
    I say to you, I definitely get irked while people
    think about worries that they just don’t know about. You managed to hit the nail upon the top and defined out the whole thing
    without having side-effects , people can take a signal.
    Will likely be back to get more. Thanks

  9. Excellent blog here! Also your web site loads up fast!
    What host are you using? Can I get your affiliate link to your host?
    I wish my website loaded up as fast as yours lol

  10. Woah! I’m really enjoying the template/theme of this site.
    It’s simple, yet effective. A lot of times it’s challenging to get that “perfect balance” between usability and visual appeal.

    I must say you have done a awesome job with this.
    Also, the blog loads super quick for me on Chrome. Exceptional Blog!

  11. A motivating discussion is definitely worth comment. I believe that you need
    to publish more on this subject matter, it might not
    be a taboo matter but generally people don’t discuss such subjects.
    To the next! All the best!!

  12. Do you mind if I quote a few of your posts as long
    as I provide credit and sources back to your site? My blog
    site is in the very same area of interest as yours and my visitors would certainly
    benefit from some of the information you present here.
    Please let me know if this ok with you. Appreciate it!

  13. Hey There. I discovered your blog the usage of msn. That is an extremely smartly written article.
    I will be sure to bookmark it and return to learn extra of your
    useful information. Thanks for the post. I’ll definitely return.

  14. Superb blog! Do you have any suggestions for aspiring
    writers? I’m planning to start my own website soon but I’m a little lost on everything.
    Would you propose starting with a free platform like WordPress or go for a paid option? There are
    so many options out there that I’m totally confused ..
    Any suggestions? Bless you!

  15. You have made some good points there. I looked on the web for more information about the issue and found most people will go
    along with your views on this website.

  16. This design is incredible! You definitely know how to keep a reader amused.
    Between your wit and your videos, I was almost moved
    to start my own blog (well, almost…HaHa!) Fantastic job.
    I really enjoyed what you had to say, and more than that, how you presented it.
    Too cool!

  17. Hello this is kind of of off topic but I was wondering if blogs use
    WYSIWYG editors or if you have to manually code with HTML.
    I’m starting a blog soon but have no coding knowledge so I
    wanted to get advice from someone with experience.
    Any help would be greatly appreciated!

  18. My family every time say that I am wasting my time here
    at net, however I know I am getting know-how every day by reading
    thes fastidious content.

  19. Hey just wanted to give you a quick heads up. The words in your post seem to be
    running off the screen in Opera. I’m not sure if this is a formatting
    issue or something to do with browser compatibility
    but I figured I’d post to let you know. The design and style
    look great though! Hope you get the issue fixed soon. Thanks

  20. I’m not sure where you are getting your info, but good topic.
    I needs to spend some time learning more or understanding more.
    Thanks for excellent information I was looking for this information for my
    mission.

  21. Pretty component to content. I just stumbled
    upon your website and in accession capital to assert that I get in fact enjoyed account your blog posts.
    Any way I will be subscribing on your augment and even I fulfillment you get entry to persistently rapidly.

  22. My coder is trying to convince me to move to .net from PHP.
    I have always disliked the idea because of the expenses.
    But he’s tryiong none the less. I’ve been using WordPress on various websites for about
    a year and am worried about switching to another platform.

    I have heard very good things about blogengine.net. Is there
    a way I can import all my wordpress content into it?
    Any kind of help would be greatly appreciated!

  23. Hi there! I could have sworn I’ve been to your blog before but after going through a few of the posts I
    realized it’s new to me. Anyhow, I’m definitely happy I found
    it and I’ll be bookmarking it and checking back frequently!

  24. I’m not that much of a internet reader to be honest but your sites really nice, keep it up!

    I’ll go ahead and bookmark your site to come back in the future.
    All the best

  25. Definitely believe that which you said. Your favorite reason appeared to be at
    the net the simplest thing to take into account of.
    I say to you, I definitely get irked whilst folks
    consider concerns that they just don’t realize about.

    You controlled to hit the nail upon the top and also outlined out the whole thing
    with no need side effect , people can take a signal. Will probably be back to get more.
    Thank you

  26. Very nice post. I just stumbled upon your blog and
    wanted to say that I’ve really enjoyed surfing around your blog posts.
    In any case I will be subscribing to your feed and I hope you write
    again soon!

  27. Hi there, i read your blog from time to time and i own a similar one and i was just wondering
    if you get a lot of spam feedback? If so how do you reduce it, any plugin or anything you can advise?
    I get so much lately it’s driving me mad so any help is very much appreciated.

  28. Hi there, i read your blog from time to time and i
    own a similar one and i was just curious if you get a lot of spam responses?
    If so how do you reduce it, any plugin or anything
    you can recommend? I get so much lately it’s driving me crazy so any help is very much appreciated.

  29. Thank you for any other excellent post. Where else may anyone get that kind of information in such a
    perfect approach of writing? I have a presentation subsequent week, and I am at the look for such information.

  30. After going over a few of the blog posts
    on your site, I truly like your way of writing a blog.
    I book-marked it to my bookmark webpage list and will be checking back soon. Take
    a look at my website too and let me know how you feel.

  31. Link exchange is nothing else however it is only placing the other person’s
    blog link on your page at appropriate place and other person will also do same in support of you.

  32. Howdy, i read your blog from time to time and i own a similar one
    and i was just wondering if you get a lot of spam comments?

    If so how do you stop it, any plugin or anything you can recommend?
    I get so much lately it’s driving me mad so any support is
    very much appreciated.

  33. I like the valuable information you supply to your articles.
    I’ll bookmark your blog and check once more right here frequently.
    I’m slightly sure I will learn many new stuff proper here!
    Good luck for the next!

  34. Howdy! Someone in my Myspace group shared this site with us so I came
    to look it over. I’m definitely enjoying the information.
    I’m book-marking and will be tweeting this to my followers!
    Wonderful blog and terrific design and style.

  35. Hello there! This is my first visit to your blog!

    We are a collection of volunteers and starting a new project in a community in the same
    niche. Your blog provided us useful information to work on. You have done a
    wonderful job!

Leave a Reply

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