Elon Musk , the world’s richest man, has lost $0.6 billion wealth per day in 2022, totaling to a loss of over $100 billion.- In comparison,
Mukesh Ambani ’s total wealth stands at $96 billion. Musk ’s fortunes are aligned closely with those of Tesla’s, which has seen its stock fall by nearly half in this year so far.
In comparison, India’s richest man, Mukesh Ambani has a wealth of $96 billion – less than what Musk lost this year. Ambani’s company, Reliance Industries, has performed better, though, adding over 9% to its value in 2022.
At his peak, Elon Musk’s total wealth crossed $300 billion in January this year. However, since then, the Tesla founder has seen billions wiped out every day, knocking him down to a little over $200 billion.
At his peak, Elon Musk’s total wealth crossed $300 billion in January this year. However, since then, the Tesla founder has seen billions wiped out every day, knocking him down to a little over $200 billion.
According to Forbes, Musk’s wealth stands at $203 billion now – that is an average decline of over $0.6 billion every day since 2022 began.
The fall in the Tesla stock is so bad that the massive declines in S&P 500 and Nasdaq composite – two of US’ largest stock indices – pales in comparison.
While Musk has seen $100 billion wiped off his wealth in 2022, here’s how other billionaires like Jeff Bezos, Bill Gates and Warren Buffett have performed.
Source: Bloomberg Billionaires Index
India’s richest men, Mukesh Ambani and Gautam Adani, have performed far better in comparison to the top five richest men in the world.
Source: Bloomberg Billionaires Index
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