New Delhi: Within the first six months of the 12 months 2024, Elon Musk’s web price has fallen greater than every other billionaire on the planet. Forbes has launched this report. Regardless of the growth within the inventory market, the proprietor of Tesla has suffered a loss. Nonetheless, the big wage package deal authorized by his firm’s shareholders might enhance Elon Musk’s wealth.

Allow us to let you know that from December 31, 2023 to June 28, 2024, Elon Musk’s web price fell from $251.3 billion to $221.4 billion. That is greater than every other billionaire tracked by Forbes.

Musk suffered a loss because of this

Elon Musk’s wealth has decreased after a Delaware decide’s resolution to halt the Tesla compensation package deal, which was then price $51 billion. Tesla shareholders re-approved the package deal final month, however the firm might face a protracted and unsure appeals course of within the matter.

Elon Musk’s present 13 % stake in Tesla is price about $20 billion because the automaker’s shares have fallen 20 % thus far this 12 months because of a drop in income and automobile deliveries.

This isn’t the identical state of affairs confronted by different Forbes billionaires because the collective web price of the ten richest folks has grown from $1.47 trillion on the finish of 2023 to $1.66 trillion on the finish of June.