Tesla’s CEO, Elon Musk, might understand the feelings of a’thunderbolt’ beggar in these days.
Musk’s wealth was soared at the fastest pace in rich history, but the recent plunge in Tesla stock prices and the price fluctuations of the bitcoin invested have evaporated his fortune to a record level.
According to Bloomberg on the 5th (local time), Tesla CEO Musk lost $27 billion of fortunes in a week.
Musk’s current wealth is worth $156 billion, ranking second in the world after Amazon’s CEO Jeff Bezos, the richest man.
With Tesla stocks plunging 11% this week, fortunes also plummeted. Tesla’s stock price has fallen to its lowest since December 3, last year, falling below $600 for the first time in three months. Tesla’s market cap has decreased by $234 billion (about 262 trillion won) over the past four weeks.
Two weeks ago, Musk mentioned that bitcoin, which had invested $1.5 billion, was “too expensive,” and in the meantime, his fortune plunged by $15 billion.
