Friday, 24 March, 2023

For First Time, Elon Musk's 2022 Wealth Loss Exceeds $100 B

<p>Elon Musk&#39;s losses for 2022 surpassed $100 B, as Tesla Inc. shares fell to their lowest level in two years.Tesla shares dropped 6.8 to $167.87 in NY Trading on monday, lowest since 2020.&nbsp; Even after losing $8.6 billion on Monday, the Tesla co-founder remains the world&#39;s richest person, with a fortune of $169.8 B, according to the Bloomberg Billionaires Index. After peaking at $340 B a little more than a year ago, he&#39;s lost $100.5 B this year, the most of anyone on the wealth index.</p>