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Record $16.3 billion reduction in Elon Musk's net worth

Elon Musk loses record $16.3 billion

Shortpedia

Content Team
Image Credit: Shortpedia

In the largest single-day wipeout in the history of the Bloomberg Billionaires Index, the net worth of Tesla CEO Elon Musk plunged $16.3 billion due to the irregularity in Tesla Incorporation. The share value of Tesla fell 21% in New York trading, marking the largest single-day wipeout. Similarly, Amazon CEO Jeff Bezos's net worth plunged $7.9 billion. Zhong Shanshan became the richest Chinese with an addition of $30 billion.


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