Tesla CEO Elon Musk gestures as he visits the construction site for the company’s Gigafactory in Gruenheide near Berlin, Germany in August 2021. Photo: Reuters
Tesla CEO Elon Musk gestures as he visits the construction site for the company’s Gigafactory in Gruenheide near Berlin, Germany in August 2021. Photo: Reuters

Elon Musk briefly loses title as world’s richest person on Forbes list

  • A steep drop in the value of his Tesla stake and a US$44 billion Twitter buy saw the billionaire dip below LVMH’s Bernard Arnault before regaining the top spot
  • Musk’s electric car maker has lost nearly half its market value since he made his bid to take over the social media platform in April

Tesla CEO Elon Musk gestures as he visits the construction site for the company’s Gigafactory in Gruenheide near Berlin, Germany in August 2021. Photo: Reuters
Tesla CEO Elon Musk gestures as he visits the construction site for the company’s Gigafactory in Gruenheide near Berlin, Germany in August 2021. Photo: Reuters
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