Musk first became the second man in the world who managed to accumulate that same 200 billion, so of course it's his right to dispose of his income as he pleases.
But you just try to realize that number!
If you look at the Forbes 2022 list, the loss cost him two spots on the list-now he's third.
It's not our job to think about cause-and-effect connections and make sense of the situation, so we'll just give you a couple of numbers and let you draw your own conclusions.
Tesla's stock is down 65%, Musk's stake in the company is now just over 42%, production in Shanghai is shrinking, and 200 billion remains 200 billion.
The past record belongs to a Korean businessman who created his telecom company and invested in Internet technology in the '90s, and then lost about $70 billion at one time in the 2000s.
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