Why Eon Musk could not retake his richest man title as billionaires lose massively

  • Elon Musk could not retake his title as the world’s richest man after coming close a few weeks ago
  • Elon Musk lost about $7 billion in a tech stock wipeout that affected top billionaires across the world
  • Also, Africa’s richest man, Aliko Dangote, slid from his position, losing N16.7 billion in 24 hours

Elon Musk has failed to retake his position as the wealthiest man in the world after a series of predictions that the Tesla CEO would clinch back the title in a few weeks.

Musk saw the shares of the electric carmaker, Tesla, surge more than 70 percent in recent weeks, leading to speculations that he might have his title back in a few hours.