According to Bloomberg estimates, Musk’s personal wealth has fallen 24% since January to US$160.6bil (RM662.55bil). — Reuters
Tesla boss Elon Musk has slipped in the ranking of the very wealthy and is now in third place in the Bloomberg Billionaires List, which was published on May 17.
The dip in the South African-born entrepreneur’s fortune is linked to the ups and downs of shares in electric car manufacturer Tesla, in which he owns a large stake.
Already a subscriber? Log in.
Celebrate Merdeka with 50% Off!
T&C applies.
![](https://cdn.thestar.com.my/Themes/img/sub_paywall_TSM.webp)
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!