Elon Musk Is No Longer the Richest Man in the World or Even Second on the List

  • International
  • 6 March 2024
1

Tesla CEO Elon Musk lost his title as the richest person in the world, after a bloody session for Wall Street, during which six American companies lost more than $ 275 billion of market value.

Not only did Musk lose his title, but he fell to third place all at once, behind Amazon co-founder Jeff Bezos and CEO of the world's largest fashion company (Louis Vuitton) Bernard Arnault.

While Bezos and Arnault each lost $3.2 billion and $2.2 billion, respectively, Musk's losses were much larger, at $5.3 billion.

Source (Al-Arabiya.net Website, Edited)

Related News

Get an annual subscription in Al-Omran Al-Arabi Magazine

SUBSCRIBE NOW