• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Business

Elon Musk 1st Person In World To Lose $200 Bn In Net Worth: Report

OMMCOM NEWS by OMMCOM NEWS
January 2, 2023
in Business

San Francisco: If you have lost money in shares recently, read this. Tesla and Twitter CEO Elon Musk has become the first person ever to lose $200 billion from his net worth, and is still making jokes on the micro-blogging platform.

According to a Bloomberg report, Musk has now seen his wealth drop to $137 billion following a recent drop in Tesla shares.

The shares of his electric car company are down nearly 65 per cent.

In January 2021, Musk became the richest person in the world for the first time, with a net worth of more than $185 billion.

Musk saw his fortune peak in November 2021, hitting $340 billion, before a massive drop.

Last month, he was replaced by Bernard Arnault, the chief executive of luxury brand Louis Vuitton’s parent company LVMH, as the world’s richest man.

The Tesla CEO’s wealth eroded further after he bought Twitter for a whopping $44 billion.

On Monday, when a follower tweeted that “you worked hard this year and lost over 200 billion and this year, you will surpass yourself with even worse decisions,” Musk replied: “Thanks for paying me $8”.

Another follower posted: “If you’re having a bad year because you lost a lot of money in the market, remember that Elon Musk has lost $200 billion and is still making jokes on Twitter.”

Musk had admitted to having too much on his plate, and is finding a new Twitter CEO.

Meanwhile, Tesla also announced a price drop in several of its models, offering a $7,500 discount for its Model 3 and Model Y vehicles, in a bid to sell more vehicles.

 (IANS)

ShareTweetSendSharePinShareSend
Previous Post

San Francisco Bay Area Hit By Historic Storm, 1 Dead

Next Post

10 Teachers Dismissed For Remaining Absent In Malkangiri

Related Posts

Economy
Business

Strong GDP Growth Reinforces India’s Position As Fastest-Growing Major Economy

May 30, 2025
FM Sitharaman
Business

Centre Okays Additional Rs 81,735 Crore As Tax Devolution To States: FM Sitharaman

May 30, 2025
gross domestic product
Business

Govt Succeeds In Keeping Fiscal Deficit In Check At 4.8 Pc Of GDP For FY25

May 30, 2025
Adani Energy Solutions
Business

Adani Energy Solutions Bags Rs 1,660 Crore Transmission Project In Maharashtra

May 30, 2025
GDP Growth
Business

India Clocks 6.5 Pc GDP Growth In 2024-25, Q4 Growth Surges To 7.4 Pc

May 30, 2025
Indian stock market
Business

Stock Market Ends Lower Ahead Of Key GDP Data

May 30, 2025
Next Post

10 Teachers Dismissed For Remaining Absent In Malkangiri

At 15, TV Actress Ruhanika Dhawan Buys Her Own Home, Says 'You Too Can'

Indian Student Bags Ambassadors Of Change Award In Australia

Khimji
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.