Elon Musk’s net-worth has fallen below the $200 billion mark after selling part of his shares owned in electric vehicle manufacturer, Tesla.
The wealth of the world’s richest man fell by -1.94 per cent to $197.4 billion, indicating the new Twitter owner lost N1.73 trillion ($3.9 billion) on Wednesday, as at the time of filing this report.
Musk recorded the loss seen in Forbes Billionaire Index following the sale of 19.5 million Tesla shares worth $4 billion, a corporate document filed with United States Securities and Exchange Commission (SEC) shows.
