Elon Musk is not the richest in the world again

24.02.2021

The head of Tesla and SpaceX Musk lost $15 billion per day and lost his status as the richest man in the world.

The businessman’s fortune fell to $183 billion due to the collapse of Tesla shares by 8.6 percent. It is stated that the reason for this could be the entrepreneur’s comment on the price of bitcoin. On February 20, he posted a tweet in which he expressed the opinion that the prices for cryptocurrencies Bitcoin and Ethereum are at an overvalued level. He added that like any data system, cryptocurrencies are vulnerable to late responses and errors. Meanwhile, two weeks before publication, Tesla announced that it had acquired bitcoins in the amount of $1.5 billion.

On February 19, Elon Musk regained his first place in the ranking of the richest people in the world. Then it was reported that the entrepreneur’s fortune increased to $199.9 billion. He is currently outrun by Amazon founder Bezos, whose fortune is estimated at $186 billion.