Bloomberg: Musk lost more in 2022 than he earned in 2021
[ad_1]
American businessman Elon Musk lost about $122.6 billion in 2022, which is more than the amount he earned in 2021, transmits Bloomberg agency.
Musk’s fortune, according to the agency, was about $147.7 billion this week, the lowest value in more than two years. His capital consists mainly of shares and options of Tesla. On Tuesday, Musk lost $7.7 billion as its stock price plunged to its lowest level since October.
As of today, December 21, the state of the businessman is $ 155.8 billion. He gives way to the head of Louis Vuitton Moët Hennessy (LVMH) Bernard Arnault. His net worth is $179 billion.
Musk earlier again sold part of his stake in Tesla for a total of about $ 3.6 billion. According to her, between Monday and Wednesday, Musk sold about 22 million shares. The price at the same time ranged from $156 to $176 per share.
Musk began selling the company’s stock weeks after Tesla reported $3.3 billion in profit and $21.45 billion in third-quarter revenue, beating Wall Street’s expectations, leading to a 4% drop on the day. This year, Tesla’s value has fallen by about 46%, and Musk’s net worth is currently estimated at $176.8 billion.
[ad_2]
Source link
