Elon Musk’s net worth dropped $200 bn from 2021 peak
According to the Bloomberg Billionaires Index, Elon Musk’s net worth fell by over $200 billion from its 2021 peak to early 2023. The drop was driven by a sharp decline in Tesla’s share price, weaker demand, and his Twitter acquisition. Guinness World Records recognized it as the largest loss of personal fortune ever recorded.