This article appeared on Forbes.com
While the actions of Tesla fell 13% on Thursday, a day after the company reported a disappointing quarterly, its billionaire CEO’s net worth Elon Musk it dropped by more 18 billion dollars. But he still remains the richest person in the world.
Main facts
- Tesla shares are on Thursday collapsed by 13.2% to 180.38with Elon Musk losing $18.8 billion.
- The decline followed the report on fourth quarter earnings released Wednesday by the company. It missed several estimatesincluding the turnover for the quarter equal to 25.17 billion dollarscompared to estimates of $25.87 billion.
- Shares of fellow American electric car makers Rivian and Lucid also fell 1% and 6%, respectively, on Thursday.
Forbes rating
Musk lost 18.8 billion dollarsa decline more than $17 billion greater than any other billionaire, according to the calculations of Forbes. Musk, who owns approx 21% of Teslaremains the richest person in the world with a estimated net worth Of 203.6 billion dollarsstill about $20 billion more than Bernard Arnault at LVMH.
In numbers
320 billion dollars. This is Musk’s net worth as of November 2021, the first person in history to achieve such a net worth which is also his all-time peak.
© ALL RIGHTS RESERVED
For other content, subscribe to the Forbes.it newsletter by CLICKING HERE.
Forbes.it is also on WhatsApp: you can subscribe to the channel CLICKING HERE .