Elon Musk, the world’s richest person, was out of the $ 200 billion club, know why this happened


Elon Musk Networth: The impact of Russia’s attack on Ukraine is also visible on the assets of Tesla and SpaceX CEO Elon Musk and he has been thrown out of the $ 200 billion club for this reason. After Amazon founder Jeff Bezos, Musk is the second person in the world to enter the $ 200 billion club.

Elon Musk’s wealth dwindled
According to the list of billionaires released by Bloomberg, after the Russian attack, Musk’s wealth has now come down to close to $ 199 billion and Bezos is the owner of about $ 176 billion. Musk is still the richest person in the world and he has lost $72 million so far this year.

Tesla shares fell after five consecutive days of decline
Musk owns 172.6 million shares of Tesla and Tesla shares fell for the fifth consecutive day on Thursday. Tesla’s share price is $700 per share. The announcement of Russia’s attack on Ukraine caused panic among investors, due to which the stock markets around the world closed in the red mark with a sharp fall.

The wealth of India’s rich also decreased
Although the Asian markets have returned on Friday, but investors are still skeptical about the affairs of Ukraine. While Elon Musk’s wealth has decreased in the fall of stock markets around the world, the wealth of Indian business tycoon and Reliance Industries chairman Mukesh Ambani, who is among the top rich, also saw a decline on Thursday.

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