Buying Twitter has cost Elon Musk his prized position as the Richest man in the world, as there was a steep drop in the value of his stake drop in Tesla.
Forbes released ‘ The Real-billionaires List on Tuesday’ and loss of Musk dropped by $39 billion from last year, his estimated net worth is $180 billion and the cause this was due to his acquisition of Twitter for $44 billion which was taken from Tesla’s stock. Bernard Arnault has taken his position as he emerges as the richest man in the world.
Bernard Arnault tops the billionaires’ list with $211 billion
In business, you’ll have to take risks and though Elon Musk might have lost his Position as the Richest man in the world, he might regain back his position as the list always changes.
