The world’s richest man has reportedly shed a third of his wealth since November 2021 Tesla CEO Elon Musk lost more than $100 billion in less than a year, Forbes magazine reported on Friday. Musk’s fortune has fallen nearly 35%, from $320.3 billion on November 4 last year to $209.4 billion on Thursday, mainly due to a sharp drop in the price of Tesla stock, Forbes explained, citing its calculations. This month alone, Musk’s fortune is down $28 billion, the magazine added. “He sells high priced cars, so a recession will not be good for his business,” Matt Maley, chief market strategist at investment consultancy Mil
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