ratioed:-elon-musk’s-net-worth-drops-below-$200b-after-twitter-buy-worries-investors-–-lifestyle-asia

Ratioed: Elon Musk’s Net Worth Drops Below $200B After Twitter Buy Worries Investors – Lifestyle Asia

No crowd is quite as tough as the Twitter crowd.

Elon Musk’s net worth has dropped to $194.8 billion, based on Forbes data.

READ ALSO: The Elon Show: Elon Musk’s First Order Of Business As The New Owner Of Twitter

This marks a year low for Musk, whose net worth drop coincides with his recent purchase of Twitter.

All drama aside, Musk remains the world’s richest man as he places first on the Forbes Real Time Billionaires list.

However, he now only leads by around $37.4 billion ahead of Bernard Arnault and his family.

Musk sources his wealth from Tesla and SpaceX. However, investors dropped Tesla shares out of speculative fear that he is preoccupied with Twitter.

A significant portion of Musk’s net worth comes from his almost 15-percent stake in Tesla. The company has a market value of $622 million.

Banner Photo by JD Lasica via Wikimedia Commons.

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