Elon Musk is on the verge of losing his status as the world’s richest person, at least according to one metric.
which is embroiled with issues including layoffs and skittish advertisers wary of the platform’s direction. Musk had sold blocks of Tesla shares worth a total of $15.4 billion earlier this year when his deal to buy Twitter was announced.
Estimating Musk’s wealth in general is a difficult task, however, as much of his money is tied up in his private companies, including rocket and internet firm SpaceX, tunneling outfit The Boring Company, and Neuralink, which wants to put computer chips in people’s brains., who is worth $134.8 billion and Amazon founder Jeff Bezos, whose wealth is estimated at $111.3 billion.
On Bloomberg’s Billionaires Index, Musk is solidly in first place with a net worth of $179 billion. Arnault sits in second with a $165 billion net worth. However, Musk has lost about $13 billion this year, according to Bloomberg’s calculations. That list updates daily after the market closes.
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