CryptoPolyTech.com
Crypto, Politics, Tech, Gaming & World News.

Elon Musk And Jeff Bezos No Longer The World’s Richest People | CPT PPP Coverage

 | cutline • press clip • news of the day |

Cryptopolytech (CPT) Public Press Pass (PPP)
News of the Day COVERAGE

200000048 – World Newser
•| #People |•| #World |•| #Online |•| #Media |•| #Outlet |

View more Headlines & Breaking News here, as covered by cryptopolytech.com


Elon Musk And Jeff Bezos No Longer The World’s Richest People appeared on iflscience.com by James Felton.

After a troublesome day for Tesla on the stock markets, Elon Musk is no longer the world’s richest person. Tesla, of which Musk owns around 14 percent, saw prices drop by about 6.4 percent on Tuesday

Since Musk sought to buy Twitter in April, shares of the company have halved in value, greatly decreasing his wealth. At time of writing, Forbes now puts Elon Musk as the second-richest person in the world with an estimated worth of $181.3 billion. Some would call that a tough break in a week when he was booed after being introduced on stage at a Dave Chapelle show as “the world’s richest man”.

According to the tracker, Musk still holds vastly more wealth than Gautam Adani ($134.4 billion) and Jeff Bezos ($113.8 billion). The Amazon founder pledged to give away most of his enormous wealth last month.

But the world’s richest person currently is Bernard Arnault with an estimated worth of $187.6 billion. The CEO and co-founder of LVMH Moët Hennessy Louis Vuitton saw his own worth fall an estimated $347 million yesterday, but not enough to offset Musk’s own losses.

Musk’s worth has fallen by over $100 billion in the year that saw him acquire social media giant Twitter for $44 billion. The social media platform has seen advertisers leave the site, placing a lot of pressure – for the company and Musk’s personal wealth – on Musk’s subscription service Twitter Blue. Early reports suggest that not enough people are subscribing to the service to make up for the advertising loss.

FEATURED ‘News of the Day’, as reported by public domain newswires.

Related Posts
Find more, like the above, right here on Cryptopolytech.com by following our extensive quiclick links appearing on images or [NEWSer CHEWSer].
View ALL Headlines & Breaking News here.

Source Information (if available)

This article originally appeared on iflscience.com by James Felton – sharing via newswires in the public domain, repeatedly. News articles have become eerily similar to manufacturer descriptions.

We will happily entertain any content removal requests, simply reach out to us. In the interim, please perform due diligence and place any content you deem “privileged” behind a subscription and/or paywall.

CPT (CryptoPolyTech) PPP (Public Press Pass) Coverage features stories and headlines you may not otherwise see due to the manipulation of mass media.

We compile ‘news of the day’ content in an unbiased manner and contextually classify it to promote the growth of knowledge by sharing it just like Elon Musk And Jeff Bezos No Longer The World’s Richest People

First to share? If share image does not populate, please close the share box & re-open or reload page to load the image, Thanks!

You might also like