Bloomberg: Elon Musk's fortune falls below $300 billion for the first time since 2014

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Elon Musk's fortune has fallen to $297.8 billion, the first time since November 2024. After Trump's victory, Tesla's shares rose, but new tariffs crashed the markets.

Tesla CEO Elon Musk's wealth has fallen below $300 billion for the first time since November 2024. This was reported by Bloomberg, reports UNN.

Details

To date, the fortune of the founder of "Space X", the owner of the social network "X" (formerly "Twitter") and the head of the Department of Government Efficiency of the United States is 297.8 billion dollars. In total, this year the fortune of the richest man in the world has decreased by 134.7 billion US dollars.

According to the Bloomberg website, Musk became the sixth largest loss of fortune on the list of the 500 richest people in the world. At the same time, it is noted that after the US presidential election, in which Donald Trump won, Tesla shares jumped in price, and Musk's fortune rose to a record level.

Let us remind you

After Donald Trump announced new large-scale duties, global stock markets fell. The most affected were the shares of Nike, Apple, H&M – these companies depend on imports.

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