Musk became the first rich man in history to lose $200 billion in assets.

(Reuters)

[Compile Wei Guojin/Taipei Report] Tesla CEO Musk will become the second richest man in the world with personal assets exceeding US$200 billion (6.13 trillion Taiwan dollars) in January 2021 after Amazon founder Bezos.

However, he has now created a personal record: the first person in history to lose $200 billion in net assets.

According to the Bloomberg Billionaires Index (Bloomberg Billionaires Index), the 51-year-old Musk’s personal assets have shrunk to US$137 billion (NT$4.2 trillion) after Tesla’s stock price has plummeted in recent days, including an 11% drop on the 26th. After his wealth reached the highest point of US$340 billion (NT$10.4 trillion) on November 4, 2021, he has maintained the title of the world's richest man until December 2022, when he was recognized by Bernard Arnault, chairman of the French luxury goods LVMH Group. beyond.

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In October 2021, Tesla's market value exceeded US$1 trillion (NT$30 trillion) for the first time, becoming a trillion-dollar company after Apple, Microsoft, Amazon and Google's parent company Alphabet.

However, in 2022, as investors have deep doubts about the disruption of electric vehicle production and demand, as well as dissatisfaction with Musk's focus on Twitter, Tesla's stock price plummeted, and its market value shrank by 65%, with a loss of more than 700 billion U.S. dollars (21.5 trillion Taiwan dollars). , the worst performance since listing.

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