Latest selloff takes total sale this year to $23bn and follows loss of world’s richest man title
Elon Musk has sold $23bn worth of Tesla shares so far this year, in part to finance his takeover of Twitter.Elon Musk has sold $23bn worth of Tesla shares so far this year, in part to finance his takeover of Twitter.Elon Musk has sold a further $3.6bn worth of shares in Tesla, in the same week that, takes the total amount raised by Musk from sales of his stock in the electric carmaker this year to more than $20bn.
Forbes and Bloomberg, which monitor the wealth of billionaires, reported this week that Musk was no longer the world’s richest man, having been overtaken by Arnault, the chief executive of luxury group LVMH. According to Bloomberg,
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Twitter shuts down account tracking movements of Elon Musk's private jetThe owner of the account claims Elon Musk offered him $7,300 to shut down the account.
Read more »
Elon Musk loses title of world’s richest person to Bernard ArnaultLoss of top spot to LVMH chief executive comes after Tesla shares more than halve in value
Read more »
Elon Musk dethroned as world's richest personThe billionaire businessman is no longer the world&x27;s richest person. He&x27;s been usurped by a person you&x27;ve never heard of.
Read more »
Elon Musk no longer world’s richest personThe Tesla CEO has seen his fortune drop after a sharp drop in the value of his shares in the electric car company this year.
Read more »
Louis Vuitton boss knocks Elon Musk off top of Forbes rich listTwitter owner and Tesla boss Elon Musk is knocked off the top of the Forbes billionaire list after dropping billions from his net worth, according to Forbes.
Read more »