Tesla CEO suffered the biggest loss among billionaires this year, but still continues to lead the list of the richest people in the world with a fortune of $170 billion.
Ilon Musk’s fortune has fallen by $100.5 billion since the beginning of 2022, mainly due to a drop in Tesla stock.
Yesterday, the automaker’s stock fell 6.8 percent to a two-year low of $167.87 per share, knocking Musk’s fortune by $8.6 billion in just one day.