top of page

Elon Musk: Below $200 Billion

At its peak of $320.3 billion in November 2021, Elon Musk's net worth soared over Amazon Founder Jeff Bezos to become the richest person in the world.


As Tesla's (TSLA) stock hit a 52-week-low in early morning trading, Musk's fortune dipped below to $194.8 billion on Tuesday, November 8th, 2022 due to his 15% stake in the company, according to Forbes.


Stock investors have long feared the executive's preoccupation with Twitter (TWTR), now hesitant at a time when the electric vehicle heightens production while facing emerging competition. Many are questioning his purchase.

Since acquiring Twitter, Musk has made few tweets on Tesla and rather used the platform to announce his $8 per month subscription for blue tick verification.

Musk's net worth is still roughly $40 billion more than the LVMH owner Bernard Arnault, the second richest person.

44 views

give us your email

It's fine. It's for a newsletter.

By subscrbing to this newsletter, you agree to our Terms and Privacy Notice.

DONE!!!

AD

NEXT UP

Help keep journalism like this free

Knowing what's going on can be overwhelming, and, trust us, TikTok isn't the best option. That’s where we come in. We aim to give concise and accessible information to the incoming generation of leaders: teenagers.

Reader gifts support this mission by helping to keep our non-profit work going, because advertising alone isn’t enough to support it. If you’re in a position to do so, support our vision and keep our articles, newsletters, podcasts, and videos free by making a gift of any amount to THE VACH today.

bottom of page