The net worth of Tesla’s Elon Musk has fallen greater than any billionaire in the world in the first six months of the 12 months, regardless of a inventory market increase, in accordance with Forbes’ estimates.
The net worth of the Tesla boss fell to $221.4 billion from $251.3 billion. The estimate accounts for information from December 31, 2023 to June 28, 2024, the inventory market’s final day of the first-half of the calendar 12 months, greater than another billionaire tracked by Forbes
Musk remains the richest particular person on the planet.
Other than the fairness award, the worth of Musk’s 13% inventory in Tesla decreased by $20 billion as shares of the EV maker fell 20% to this point this 12 months, primarily resulting from falling earnings and automobile deliveries.
Tesla produced 410,831 autos throughout the quarter, 14% fewer than the identical interval a 12 months in the past, Bloomberg reported earlier this week. The corporate didn’t supply an evidence thought, the Bloomberg report mentioned, including it’s going to present extra particulars when it stories earnings on July 23.
The overall net worth of ten richest folks’s jumped to $1.66 trillion by the finish of June from $1.47 trillion by the finish of December, 2023.
Tesla’s boss Elon Musk is biggest billionaire loser in 2024, remains the richest in the world with net worth of… www.livemint.com 2024-07-05 08:46:36
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