Bret Hartman
Based on estimates from the media and financial analysts, his wealth is currently assessed at $330bn, reflecting a decrease of $102bn since the start of the year, because of the drop in stock values for Tesla and several other firms where Mr. Musk holds a majority stake.
Experts observe that in recent months, US stock indices have been falling, resulting in a decrease in the stock prices of several major companies, diminishing the wealth of certain American billionaires - though not as significantly as that of Elon Musk. Consequently, the wealth of Larry Ellison, the creator and co-owner of Oracle Corporation, has decreased by $19 billion since the start of the year, while Amazon's founder Jeff Bezos has seen a reduction of $17 billion.
When discussing Elon Musk, various media sources indicate that the decrease in the stock values of his companies can also be attributed to the divided response from the public and investors to his conduct during Donald Trump's administration, along with his embrace of nationalist symbols and slogans.
source: forbes.com
Experts observe that in recent months, US stock indices have been falling, resulting in a decrease in the stock prices of several major companies, diminishing the wealth of certain American billionaires - though not as significantly as that of Elon Musk. Consequently, the wealth of Larry Ellison, the creator and co-owner of Oracle Corporation, has decreased by $19 billion since the start of the year, while Amazon's founder Jeff Bezos has seen a reduction of $17 billion.
When discussing Elon Musk, various media sources indicate that the decrease in the stock values of his companies can also be attributed to the divided response from the public and investors to his conduct during Donald Trump's administration, along with his embrace of nationalist symbols and slogans.
source: forbes.com
