Musk falls to second richest person in the world after his fortune drops nearly US $14 billion in one day

By Naveel Krishant

12/01/2021

[image: Forbes]

After a brief stint as the wealthiest person on the planet, Tesla billionaire Elon Musk is again the second-richest person in the world after his fortune fell by nearly US $14 billion in one day.

Shares of his electric-vehicle maker, Tesla, fell by nearly 8%, pushing Musk’s net worth down by US $13.5 billion to US $176.2 billion.

According to Forbes’ estimates, after briefly overtaking Amazon CEO Jeff Bezos as the world’s richest person last Friday, Musk has again fallen to second spot.

He is now about US $6 billion behind Bezos, who has a net worth of US $182.1 billion.

[Source : Forbes]

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Musk falls to second richest person in the world after his fortune drops nearly US $14 billion in one day

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