Elon Musk fell to third place on the richest list

Elon Musk, proprietor of the area firm SpaceX and electrical automobile producer Tesla, added a fortune to his fortune final yr thanks to the growing shares of the corporations.

Persevering with to acquire worth quickly, particularly throughout the coronavirus interval, Tesla Musk, who has earned critical earnings thanks to his cash, has began to lose cash in current months.


He managed to surpass Invoice Gates in the direction of the finish of final yr and Musk, which ranked second in the Bloomberg Billionaires Index, has misplaced $ 9.09 billion in cash since January, falling again to third place.

Amongst the largest causes for the decline of Elon Musk’s wealth are the fluctuation in the cryptocurrency markets and the decline in Tesla shares.

Nevertheless, Musk nonetheless stays at the high of the list, with a fortune of $ 160.6 billion.

bloomberg billionaires index


After we have a look at the billionaires index intimately, we are able to see that Amazon founder Jeff Bezos is the chief by far.

Chairman of LVMH, the umbrella firm of luxurious manufacturers Bernard Arnault is the second richest individual.

Having a fortune of $ 27.6 billion on January 1, 2020, Musk managed to enhance his fortune nearly 6 occasions after a interval of 1 and a half years.

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Elon Musk’s final yr earnings chart:

elon musk

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