Elon Musk’s wealth to decrease by $122 billion during 2022


Elon Musk’s wealth to decrease by $122 billion during 2022

At the start of 2022, Elon Musk was the richest person in the world with $270 billion.

2022 isn’t even over yet, but the owners of Tesla, SpaceX and Twitter have lost $122 billion.

According to Bloomberg, over 11 and a half months, Elon Musk has lost $122 billion and currently owns $148 billion.

That is, he has once again moved to the position of December 2020 and is currently the second richest person in the world.

Bernard Arnault from France won the honor of becoming the richest person in the world last week.

Elon Musk’s fortune fell by nearly $8 billion on December 20 when Tesla’s share price fell.

Shares of Elon Musk’s company have fallen 61 percent since January.

In November 2021, Elon Musk’s wealth reached a record level of $340 billion, but on January 1, it reached $270 billion.

Since then, Tesla’s share price has been on a downward spiral.

Elon Musk owns 15 percent of Tesla, so his wealth is also affected by the decline in the value of the shares.

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