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Business

Elon Musk becomes first person ever to lose $200 billion wealth: Bloomberg

January 01, 2023 03:51 PM

Elon Musk has become the first person ever to lose $200 billion from his net worth, Bloomberg reported.

The 51-year-old's fortune peaked at $340 billion in November 2021 and he remained the world's richest person until Bernard Arnault overtook him earlier this month.

His net worth now stands at $137 billion. His fortune declined as Tesla shares plummeted this year.

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