Revealed: How Elon Musk Became First Person To Lose $200 Billion

Billionaire Elon Musk, formerly the richest man in the world, has broken a new record as the first person in history to lose $200 billion.

According to the Bloomberg Billionaire’s Index, the Tesla founder and Twitter owner lost $200 billion off his net worth.

It was gathered that Musk’s wealth plummeted to $137 billion following the decline in Tesla shares in recent week. This includes a massive 11 per cent fall in Tesla shares on December 27.

Tesla is now offering consumers in the United States a $7,500 discount for its two highest-volume models before year-end.

Recall Musk’s fortune topped at $340 billion in November 2021.

On the back of this, he was the world’s richest person for more than a year at a stretch.

The new Twitter owner was then overtaken this month by Bernard Arnault, the French business magnate and co-founder of luxury goods powerhouse LVMH.

Meanwhile, besides the news of Elon Musk becoming the first person to lose $200 billion in the world, the Nigerian Meteorological Agency ( NiMet) has predicted dust- haze weather conditions from Monday to Wednesday across the country.

NiMet’s weather outlook released on Sunday in Abuja predicted thick dust-haze with horizontal visibility of less or equal to 1000m over the northern region during the forecast period on Monday.

According to it, moderate dust-haze with horizontal visibility range of 2km to 5km is expected over the North central region with prospects of horizontal visibility of less than or equal to 1000m over parts of Niger within the forecast period.

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