Due to stock market shake up yesterday, Elon Musk Lost the World's Richest Person Title
Elon Musk lost $1.91 billion in one day, losing the world’s richest man title again
The Tesla CEO crashed back to the second position after the electric car company’s shares flopped. Other billionaires affected include Africa's richest man Aliko Dangote who also saw his fortune dwindle by $18.1 million in a day
Tesla CEO Elon Musk has lost the richest man title again, a day after he took it back from French luxury merchant Bernard Arnault.
According to Bloomberg Billionaire Index, Musk lost $1.91 billion, forcing him back to the second spot on the world’s richest man ladder.
Musk has been on a rampage to reclaim his lost title in the past two weeks after making history as the first man to lose $200 billion.
The biggest shock remains that Microsoft founder Bill Gates, who said he wanted to drop out of the wealthiest man list by giving his fortune to charity, has continued to climb the wealth ladder.
Bill Gates is positioned to beat Amazon CEO Jeff Bezos, who is third on the list with $2 billion separating the duo.