Tag: bernard arnault

Elon Musk Suffers Biggest Loss of Wealth in Modern History

Elon Musk’s net worth has more than halved over the past 13 months, making it the biggest loss of wealth in modern history.

According to the Bloomberg Billionaires Index, Musk’s net worth declined by a striking $208 billion in the past year alone–that’s roughly the same as the annual GDP of Greece. That amount is also more than the total net worth of the world’s richest person, LVMH CEO Bernard Arnault, and makes Musk the only person in history to have ever lost $200 billion.

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