Elon Musk’s reign as the world’s wealthiest human lasted just five days.
The Tesla CEO is back in the #2 spot behind Jeff Bezos after Tesla’s stock price tumbled by nearly 8% on Monday – reducing Musk’s personal worth by about $14 billion.
After a brief stint as the wealthiest person on the planet, Tesla billionaire Elon Musk is again the second-richest person in the world after his fortune fell by nearly $14 billion in 1 day https://t.co/KmtJIGiVoW by @skleb1234 pic.twitter.com/oEMiWuJ5jX
— Forbes (@Forbes) January 11, 2021
Not that Musk is going to have trouble paying rent this month – he’s still worth an estimated $182.1 billion, about $6 billion behind Bezos.
Can we really trust these estimates of ‘world’s richest person’ when it can rise and fall by billions in one day of stock trading? Which company would you rather invest in – Amazon or Tesla?