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The Independent UK

Technology

Alex Woodward

Elon Musk is the first person in history to lose $200 billion

Elon Musk Tesla Inc. Twitter Inc. Jeff Bezos US Federal Reserve

AFP via Getty Images

Roughly two years after becoming only the second-ever person to amass a fortune of more than $200bn, Elon Musk is now the first-ever person to lose it.

In 2022, Mr Musk topped Forbes’ annual billionaires list for the first time, ousting former Amazon president Jeff Bezos, who spent the last four years as the richest person in the world.

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