Forbes: the value of American billionaires plummeted in 2022, and Musk became the "biggest loser"
January 5 news, according to foreign media reports, Forbes released data on the 4th that the wealth of American billionaires plummeted at a record level in 2022, with Tesla CEO Musk losing 125 billion US dollars and becoming the "biggest loser".
It is understood that the value of billionaires has been hit hard, which is related to the sharp fall in technology share prices caused by soaring inflation and economic deterioration. Musk's value has fallen the most this year, with data showing that by the end of 2022, Musk was worth about $147 billion, $125 billion less than at the end of 2021.
In addition, Amazon founder Bezos lost $85 billion in 2022; Meta co-founder Zuckerberg lost $77 billion; Google co-founder Larry Page and Sergey Brin fell $46 billion and $45 billion, respectively.
And, just entering 2023, Musk's situation has not improved. According to Forbes, Musk's value fell by another $10 billion to $137 billion on January 3, falling by $200 billion from his peak of $340 billion.
Analysts say that in addition to the collapse in Tesla's share price, which has shrunk his personal wealth, the acquisition of Twitter is also a big reason, largely because of Mr Musk's own chaos.