Tesla and Twitter CEOElon Muskbecame the first person to lose$200 billionfrom his net worth. Elon Musk has seen a drop of up to $137 billion in his wealth after a recent drop in Tesla . The shares of his electric car company are down nearly 65 percent.Elon Muskbecame therichest personin the world for the first time in January 2021 with a net worth of more than $185 billion.
However, he was replaced byBernard Arnault,the chief executive of luxury brand Louis Vuittons parent company LVMH as the worlds richest man.