Based on Bloomberg’s report, Elon Musk has lost the second-richest position in the world. As Tesla’s CEO and founder of SpaceX, he lost his ranking after losing a total of $3.16 billion in one day.
On another note, he lost his spot to the 72-year old LVMH Chairman Bernard Arnault. Musk’s fortune has dropped about $9.1 billion this year, while Arnault has climbed the most. More so, LVMH CEO added $47 billion to his total net worth, now having $161.2 billion.
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Source: Cryptocurrency - investing.com
