The world's richest man, Elon Musk, has lost more than $100 billion in net worth this year.

(Reuters file photo)

[Financial Channel/Comprehensive Report] With the share price of electric vehicle leader Tesla (Tesla) falling to its lowest level in two years, the world’s richest man, Elon Musk, has lost more than US$100 billion (approximately NT$3.1 trillion) in net assets this year.

According to the Bloomberg Billionaires Index (Bloomberg Billionaires Index), Musk's net worth has shrunk by US$8.6 billion (about NT$268 billion) in a single day, ranking first.

After reaching a high of US$340 billion (approximately NT$10 trillion) more than a year ago, Musk’s net assets have evaporated this year by US$100.5 billion (approximately NT$3.13 trillion), which is also among the wealth indicators counted by Bloomberg. The person who has shrunk the most.

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Tesla accounts for most of Musk's assets. The electric car maker is struggling to cope with the rapid outbreak of epidemic restrictions in China, the largest market outside the United States. Dealing with supply chain chaos and soaring raw material costs.

Tesla's stock price fell 6.84% on Monday (21st) to $167.87, the lowest since November 2020. So far this year, Tesla has fallen 52%.

By comparison, the tech-heavy Nasdaq 100 has lost 29% over the same period.

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