Jeff Bezos return to become the richest man in the world as Elon Musk has lost $27 billion in wealth in the space of one week

Posted by E.L.E.X on March 08 2021 under Tech/Cybersecurity









Musk, 49, was worth $157 billion after markets closed on Friday, marking a 15 percent plunge in his net worth from the beginning of the week, according to the Bloomberg Billionaires Index.

 

He is now firmly in the No. 2 spot and $20 billion CEO Jeff Bezos, after vying for months with Jeff Bezos for the title of world's richest man 

 

This comes after a reported rapid selloff in the tech sector, with Tesla shares hit harder than most and falling nearly a third from their all-time peak in January.

 

Tech shares soared more than the rest of the market for much of the pandemic. But on Friday, the company's shares dropped as much as 13% before closing down 3.8% at $597.95, the lowest since Dec. 3. The stock lost 11% of its value just this week, extending its losing streak to four weeks, the longest since May 2019.




YOU MAY ALSO LIKE

Related Posts Pictures

#CyberMonday: How to Hack iPhone and Bypass Screen lock

Related Posts Pictures

MOVIE LOVERS!! Captain America, Iron Man, Thor Or Black Panther, Which Of The Actors Is The Most Superior In The Last Avengers β€œEnd Game Series”?

Related Posts Pictures

Gokada CEO, Fahim Saleh was murdered by assassin after lawsuit on call app

Related Posts Pictures

Now you have power - Tecno unveils Pouvoir 3 - The 5000MAH big battery smartphone that lasts up to 4 days on one charge

Related Posts Pictures

Difference Between Coder and Programmer

Comments


Add Comment

All fields are required!








Contact Us Picture

Are you interested in Advert placement | Promoting your Music or Video | Other Enquiries? We are always available to get that done for you without breaking a sweat. Send us a mail @ elextechnologies4@gmail.com | Call us @ 08132021949 | Message us via whatsapp @ 08132021949