Elon Musk Loses Trillionaire Status

June 24, 2026 | 23:32 |1689

Source: ria.ru

American entrepreneur Elon Musk is no longer the world's only trillionaire. According to the Bloomberg Billionaires Index, his net worth has fallen below the one-trillion-dollar mark and currently stands at $957 billion.

The decline was caused by changes in the value of shares of his companies, which serve as the basis for calculating the ranking. As a result of recent market fluctuations, Musk’s fortune decreased by $118 billion.

The historic record was set on June 12, when Musk became the first person on the planet to reach a net worth of one trillion dollars following the start of trading in shares of SpaceX. As a result, he retained trillionaire status for nearly two weeks.

ORIENT

Elon Musk Loses Trillionaire Status

More news

10 Surprising Facts About the Turkmen from an 1860 Book

Turkmenistan and the Japan Bank for International Cooperation Discussed the Implementation of New Projects

A Journey Through the Screen Earns International Recognition for Türkiye’s Cinematic Tourism Projects