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TAGTIK NEWS - TO THE POINT

It's a disaster for Musk: his fortune keeps melting away

byMelissa Hekkers
|
07 Apr 2025 07h01
black flat screen computer monitor
© Unsplash

He lost 6.9 billion euros in a single day... Yet Elon Musk remains the richest man in the world, according to the Forbes billionaire ranking.

At the top of the list with 288 billion pounds sterling (approximately 326.6 billion euros), the boss of Tesla has just lost 6.1 billion pounds sterling (about 6.9 billion euros) in just 24 hours, reports the media outlet Express.

In March, Donald Trump's right-hand man had already lost 14 billion pounds sterling (+/- 15.8 billion euros) due to an 11.5% drop in Tesla's stock price. Furthermore, Elon Musk's wealth has decreased by 112 billion pounds sterling (nearly 126.6 billion euros) since 17 December 2024. However, the main person involved quickly dismissed these claims, stating they were merely 'Fake News'.

It should be noted that, according to several American media outlets, the billionaire is expected to leave his duties at the White House, more specifically the Department of Governmental Efficiency (DOGE), in the coming weeks. This will allow him to focus 100% on his business.


(MH with Olivia Stasse - Source: L’Indépendant - Illustration: ©Unsplash)

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