October 25, 2022
In less than a year, Elon Musk's net worth decreased by more than $100 billion.
According to Forbes, Musk's fortune has decreased by almost 35%, from $320.3 billion to $209.4 billion.
Musk's wealth has decreased by $28 billion just this month.
In November of last year, Tesla CEO had became the first person in history to amass a $300 billion fortune
Despite a significant decline in his wealth, Musk is still $71 billion richer than Amazon founder Jeff Bezos and $60 billion richer than LVMH CEO Bernard Arnault.
Musk raised the money for his attempt to acquire Twitter by selling $31 billion worth of Tesla stock in the previous year.
Musk wants Tesla to grow into a $4.4 trillion business.