its largest outside shareholder, Scottish investment firm Ballie Gifford, reduced its stake in the company. The stock ended the week down 5.5%.
Even with the decline, Musk is four times wealthier than he was a year ago, with a net worth of $87.9 billion. He is currently the fifth richest person in the world, $5.5 billion ahead of Warren Buffett.with a fortune that exceeded $200 billion. With Amazon shares worth 3% less than a week ago at the market close on Friday, Bezos’ fortune dropped $5.8 billion to $193.5 billion. His ex-wife, MacKenzie Scott , is $2 billion poorer this week.
Amazon Founder and CEO Jeff Bezos addresses the audience during a keynote session at the Amazon Re:MARS conference on robotics and artificial intelligence at the Aria Hotel in Las Vegas, Nevada on June 6, 2019. Mark Zuckerberg’s fortune fell $4 billion as Facebook shares dropped 3.7% in the past week. He’s been more vocal than ever before about political misinformation on the social media platform and announced steps to mitigate the problem.
Sir I am poor family anyone help me sir thanking you sir.
We've been through this. Has Elon even noticed yet? Or cares?
Ever wanted to become a millionaire? Do you know you can earn more than $10K weekly by investing into trading You can DM me to get started..
Can we stop with these posts? It’s not real money... it’s stock value in a company that won’t be realized for decades potentially. It’s just dumb
What he lost in money, he gained in memes. Merely a set back.
Oh boo fucking hoo.
I wonder how it feels to gain or lose a Billion plus per day
Gosh why is this even news? Who cares....
Not a single F was given...
Did his ego deflate?
These losses are only temporarily he built a great company and it’s going to just continue to grow, so the money that was lost will only grow even larger in the next years.
After the commercialisation of Neuralink, he will add 50-100 billion dollars in his wealth
More shit stirring fuel for the left
Good...hope he loses more ...so that he can look at doing something for ppl on earth to make der lives better than creating hype around mars n wasting money on that !
Somebody better start a GoFundMe campaign for him.
Tesla is down not elonmusk lol
So he'll just tell his Wall Street Boiz to do more to prop up his stock until they can unload their portfolio positions. Finding millions of secondary market suckers to absorb that kind of over-valued equity overhang isn't a one-day media hype job, y'know.
People with wealth like this need to take a L ever so often. They have everything they always wanted in life and losing money and trying to get it back maybe the only thing that motivates them to continue to live. Who knows...I’m only assuming like the rest of the commenters
Relying on you guys as to who is rich and who isn't is the same as walking into a casino and seeing someone win a jackpot only to put it all back in within two hours. Oops.
Probably still has a few Bs to spare 🤷♂️
We can't eat stock certificates, drink dividends or pay bills with gov't bonds. The stock market isn't the economy and this is a sign of the tip of the depression iceberg. TrumpIsALoser TrumpVirus TrumpEconomy
He doesn't seem to be crying about it.
Paper losses. Not like he had all these pallets of hundos and was like shit... Where did I put those hundos.
いたい‼ ︎^_^
The Market ≠ Personal wealth.
He will bounce back!!!
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