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Nairaland Forum / Nairaland / General / Business / GLOBAL LENS: Elon Musk Loses World Richest Title To Bernard Arnault (452 Views)
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GLOBAL LENS: Elon Musk Loses World Richest Title To Bernard Arnault by NaijaphiliaBlog: 12:56am On Dec 08, 2022 |
Tesla boss and Twitter owner, Elon Reeve Musk, on Wednesday 07 December 2022 lost the world’s richest title to Bernard Arnault, after a steep drop in the value of his stake in Teslai and a $44 billion bet on Twitter. Tesla’s shares fell approx 4% in early trading Wednesday 7 December 2022. This is coming months after Musk sold Tesla stocks to fund the $44 billion purchase of Twitter. According to Forbes, Bernard Arnault, the founder of the world’s largest luxury goods company, LVMH Moët Hennessy – Louis Vuitton SE, took the ‘world richest’ title with a personal wealth of $185.4 billion. Elon Musk took over the World’s Richest title from Jeff Bezos, founder of Amazon.com, in 2021, with a net worth of $185.7 billion. Tesla has lost nearly half of its market value, and Musk’s net worth has dropped approx $70 billion since his bid for Twitter in April. SOURCE: https://naijaphilia.com/blog/2022/12/08/global-lens-elon-musk-loses-world-richest-title-to-bernard-arnault/
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Re: GLOBAL LENS: Elon Musk Loses World Richest Title To Bernard Arnault by Sammy4Joy: 1:03am On Dec 08, 2022 |
NaijaphiliaBlog: You don't mean it??!!! |
Re: GLOBAL LENS: Elon Musk Loses World Richest Title To Bernard Arnault by Mhurfhy(m): 1:20am On Dec 08, 2022 |
Omoh... Just vote for Obi 1 Like |
Re: GLOBAL LENS: Elon Musk Loses World Richest Title To Bernard Arnault by DeFuturePresido: 1:40am On Dec 08, 2022 |
Sammy4Joy: It was actually anticipated. |
Re: GLOBAL LENS: Elon Musk Loses World Richest Title To Bernard Arnault by Icarus99(f): 2:34am On Dec 08, 2022 |
Elon will take back his space |
Re: GLOBAL LENS: Elon Musk Loses World Richest Title To Bernard Arnault by SAFDO: 3:04am On Dec 08, 2022 |
Icarus99: Very likely...Musk owns businesses that have great potential for growth. He is likely to regain his No 1 position before long. |
Re: GLOBAL LENS: Elon Musk Loses World Richest Title To Bernard Arnault by Efuaye(m): 6:31am On Dec 08, 2022 |
It won't be long before he regain his first position! Elon Musk is like those East African Marathon Runners. He'll soon bounce back with Twitter |
Re: GLOBAL LENS: Elon Musk Loses World Richest Title To Bernard Arnault by StrongestGuy: 7:00am On Dec 08, 2022 |
Efuaye: Marathon runner...very apt metaphor for Elon Musk! |
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