Musk overtook luxury tycoon Bernard Arnault with a blockbuster net worth of $192 billion.
But then came April and Musk’s personal wealth dipped by a whopping $13 billion in 24 hours, with Tesla’s stock price dropping by 10 percent immediately as a result of the SpaceX rocket exploding and many celebrities losing their blue verification check marks on Twitter. Arnault took a sizable lead after his fortune rose to $211 billion.Musk has gained over $55.3 billion in 2023, largely due to Tesla’s shares rallying 66 percent year-to-date.
But the luxury sector has been largely affected amid signs of slowing global economic growth, particularly in the critical market of China. The world’s second-largest economy has seen a rise in the prices of commodities sold by luxury brands in recent months. The difference in prices between domestic and foreign countries is quite large,
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
No, Elon Musk Is Not Buying Disney WorldMusk announced in May 2023 that he would be stepping down as Twitter's CEO.
Baca lebih lajut »
Elon Musk is once again the world's richest man | CNN BusinessElon Musk has reclaimed his position as the world’s wealthiest person.
Baca lebih lajut »
Elon Musk is the world's richest person againTesla CEO Elon Musk is the world's richest person again, after shares of the U.S. electric carmaker rose 26% in the past month.
Baca lebih lajut »
Elon Musk reclaims spot as world's richest manElon Musk is once again the world's richest man, according to Bloomberg's billionaire index released Wednesday. He beat out both Jeff Bezos and Bill Gates.
Baca lebih lajut »
Stock Market News: ADP jobs, debt deal passes, Macy’s sinks, Elon Musk world’s richestADP jobs report strong, investors optimistic after the debt deal clears the House and heads for the Senate, Macy’s slashes its forecast, while Nordstrom provides a better outlook. Salesforce shares fall on slowing growth and Elon Musk reclaims a top title. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move.
Baca lebih lajut »
Elon Musk becomes world's richest man once again on Tesla stock surgeElon Musk has displaced Bernard Arnault as the world's richest person, as Tesla stock surges and LVMH slumps
Baca lebih lajut »