👉 Relocate to Canada Today!

Live, Study and Work in Canada. No Payment is Required! Hurry Now click here to Apply >> Immigrate to Canada

FinanceNews

Elon Musk, Others Loses $21.6bn In Eight Hours

Elon Musk, Others Loses $21.6bn In Eight Hours

The four richest people in the world lost $21.6 billion in eight hours on Wednesday, as wealth of Tesla founder, Elon Musk, fell below $300 billion, just a day after hitting the mark. RIPPLESNIGERIA reports.

See Other Top News:


👉 Relocate to Canada Today!

Live, Study and Work in Canada. No Payment is Required! Hurry Now click here to Apply >> Immigrate to Canada

According to RIPPLESNIGERIA, Musk, who recently became the largest shareholder at Twitter, recorded the highest loss, as his net worth depreciated by -3.36%, which represents $9.7 billion loss – his loss was induced by Tesla’s -3.88% decline, as Twitter’s share traded flat.

This took the world’s richest man’s fortune down to $280.5 billion, having crossed $302.1 billion on Tuesday, after his investment in Twitter rose following the high demand of the firm’s stock.

The third-richest person, Bernard Arnault & family, lost $6.4 billion from his wealth which Forbes Billionaire Index estimated to be now worth $168.5 billion as of April 5, 2022, following 3.74% dip in LVMH stock. Information Guide Nigeria

Amazon founder and former Chief Executive Officer, Jeff Bezos, lost -2.19% of his fortune on the same day, as $4.1 billion was wiped off from his net worth now valued at $185.7 billion – thanks to slump in Amazon shares, which dip -3.44%. jamb results

Former world’s richest, Bill Gates, was not left out of the losing billionaire club, as the wealth of Microsoft founder, dwindled to $133.6 billion, after losing $1.4 billion to the firm’s -3.53% share depreciation.

📢 We are hiring writers!

Article Writing Jobs - We are hiring good freelance writers - Click here to apply

Copyright Warning!

Contents on this website may not be republished, reproduced, or redistributed either in whole or in part without due permission or acknowledgment. . Proper acknowledgment includes, but not limited to (a) LINK BACK TO THE ARTICLE in the case of re-publication on online media, (b) Proper referencing in the case of usage in research, magazine, brochure, or academic purposes,. . All contents are protected by the Digital Millennium Copyright Act 1996 (DMCA). . . The images, except where otherwise indicated, are taken directly from the web, if some images were inserted by mistake violating the copyright, please contact the administrator for immediate removal.
. We publish all content with good intentions. If you own this content & believe your copyright was violated or infringed, please contact us  for immediate removal.

Goodnews

Essien, Goodnews is a gruaduate of Communication Arts, University of Uyo, Uyo; Currently working at Infoguide Media as a news writer.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button

It looks like you're using an ad blocker!

This website InfoGuideNigeria.com is maintained by the advertising revenue and we noticed you have ad-blocking enabled. Please disable Ad-Blocker