How much did Elon musk lose?
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Elon Musk is a highly well-known and well-liked investor and entrepreneur, with a net worth of $286 billion as of December 2021.
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Elon Musk had a successful year in 2021, but 2022 was not as fortunate. The inventor of Tesla was ranked as the richest man in the world last year.
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But the study claims that after a year, his net worth has decreased by more than $132 billion.
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The dramatic drop is the result of Tesla's stock prices, which have lost two-thirds of their worth in the last year.
Musk, who has been followed by scandal since he purchased Twitter, is no longer the richest person in the world as a result of the downturn.
In the rankings, he has dropped to number 2, behind Frenchman Bernard Arnault, the largest stakeholder in the French luxury company LVMH.
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