Losses in 2022... Elon Musk Becomes First Person to Lose $200 Billion of His Wealth

31/12/2022Last updated: 12/31/2022

The Bloomberg agency has highlighted that the American billionaire Elon Musk has set a new negative record during the year 2022, to which we bid farewell, after becoming the first person in history to lose 200 billion dollars of his wealth. , which cost him $44 billion. But it also shows the stupidity of valuing the ultra-wealthy by the value of the shares they own. It's not feasible, as if you sell a lot of shares in your own company, the value plummets, among other reasons. More egregious because this isn't based on how smart or hardworking that person is. It is entirely based on a rigged system that exploits others for their work. with an estimated fortune of $110 billion.