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Elon Musk has lost money due to inflation!

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Following the release of inflation figures in the United States yesterday, which shook the markets, the wealth of the richest Americans, including Elon Musk, shrank by $ 93 billion

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This was the ninth greatest daily depreciation in history

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The steep drop in the US stock exchanges yesterday, with the anticipation that inflation in the US would be greater than forecasted and that the Fed would raise interest rates more aggressively, effectively melted the wealth of billionaires

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According to the Bloomberg Billionaires Index, Amazon founder Jeff Bezos' fortune has dropped by $ 9.8 billion, while Tesla CEO Elon Musk's wealth has dropped by $ 8.4 billion

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Each of Mark Zuckerberg, Larry Page, Sergey Brin, and Steve Ballmer lost almost $4 billion. Warren Buffett's and Bill Gates' fortune, both on the list of the world's wealthiest people, fell by $3.4 billion and $2.8 billion, respectively

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Meta's metaverse aspirations resulted in a $2.81 billion operational loss in the second quarter

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According to the Bloomberg Billionaires Index, Amazon founder Jeff Bezos' fortune has dropped by $ 9.8 billion, while Tesla CEO Elon Musk's wealth has dropped by $ 8.4 billion. Each of Mark Zuckerberg, Larry Page, Sergey Brin,

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and Steve Ballmer lost almost $4 billion. Warren Buffett's and Bill Gates' fortune, both on the list of the world's wealthiest people, fell by $3.4 billion and $2.8 billion, respectively

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Each of Mark Zuckerberg, Larry Page, Sergey Brin, and Steve Ballmer lost almost $4 billion. Warren Buffett's and Bill Gates' fortune, both on the list of the world's wealthiest people, fell by $3.4 billion and $2.8 billion, respectively

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In the United States, the S&P 500 Index plummeted 4.4 percent yesterday, the most since June 2020, while the technology-heavy Nasdaq stock index sank 5.5 percent

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Last month, Fed Chairman Jerome Powell's 8-minute speech caused the wealth of US billionaires to shrink by $78 billion

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Since the beginning of the year, the wealth of the world's 500 richest people has shrunk by about $1.2 trillion

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