Elon Musk lost $ 27 billion for this reason – People – Culture


The executive director of Tesla, Elon Musk, he lost a great deal of money, a heavy blow to his capital. This time, US $ 27,000 their fortunes diminished as the automaker’s stock fell on the sell-off.

(Also Read: 6 Keys To Success Without Being A Millionaire, Says Elon Musk).

Musk’s net worth, which equates to 156.9 billion of dollars setting continues like the second richest on the Bloomberg Billionaires Index, But now he has $ 20,000 under Jeff Bezos.

(Also: Who is Kimbal Musk, Elon Musk’s ‘rebellious’ brother?).

End of February Musk had also lost $ 15.2 billion in one day., as a result of the Bitcoin crash. This move caused Tesla shares to fall 8.6% in one day. In fact, a thriller in which Musk claimed that Tesla, one of the top-performing companies in the world, a few weeks ago 1.5 billion bitcoins, caused nervousness in the market, which was causing this decline.

(In context: Musk lost $ 15.2 billion and is no longer the richest in the world.)

He has since ceased to be the richest person in the world, an award that once again ranks Jeff Bezos, the Amazon mogul.

(You may be interested: The second stage of vaccination takes place in parking lots and arenas).

A frothy high

Jeff Bezos and Elon Musk

Billionaires Elon Musk (left) and Jeff Bezos

Photo:

Michael Reynolds. EFE / Frederic J. Brown. AFP

By 2020, millionaire Musk had set a record for one of the fastest forms of wealth accumulation in history. Last year, Tesla shares were up 743% after millions of dollars were unlocked through the historical compensation package called “Moonshot”.

By January of this year, Musk had caught up with Bezos on the constant quarterly results and the Joe Biden Trump, because of the impetus of the current president of the United States to Clean technologies.

(Also: the ‘top 10’ of billionaires who were ‘poor’ in their early days).

However, the constant declines in the Nasdaq index have also caused these strong blows to businessman’s capital.

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