Elon Musk’s fortune is crumbling as he suffers the largest net loss in recent history

tWitter CEO Elon Musk has a new milestone that definitely won’t go wellHe is now the one who suffered The largest loss of wealth in modern historyafter losing his net worth in the past 13 months more than $ 200 billion.

This information was released by Bloomberg, which indicates this in its Billionaires Index Musk’s fortune decreased by $208 billion, which is equivalent to Greece’s annual GDP. This amount is also higher than the total net worth of the world’s richest person, Bernard Arnault, CEO of LVMH.

Musk ranked first in the Bloomberg Index

The current owner of Twitter, among other companies, took first place in the Bloomberg Billionaires Index, With a net worth of 338 billion, now 132 billion.

The purchase of Twitter, and so on, was not the factor behind the decline in Musk’s wealth. Rather, Tesla stock has declined over the past year.

“Don’t worry too much about the craziness in the stock market,” Musk recently told Tesla employees. “As we show continued stellar performance, the market will catch on.”

He urges him to find a CEO for Twitter

A few days ago, Musk announced this He will step down as CEO of Twitter as soon as he finds a suitable person for the positionThis is after a poll on the social networking site asking if he should step down as chairman of the site.

With the results of the Tesla meltdown and the controversy that accompanied it on Twitter for months, Musk is urged to find someone To take control of the social network so he can focus on his other business And trying to recover some of what was lost.

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