Elon Musk lost $ 5.5 billion in a week due to coronavirus

Elon Musk lost $ 5.5 billion in a week due to coronavirus

March 17, 2020 0 By autotimesnews

American businessman Ilon Musk, who called global unrest amid the spread of a new type of coronavirus stupid, lost $ 5.5 billion over the week. Forbes magazine reported.

The condition of the Mask decreased by 18% due to the fall in shares of his company Tesla by 22% and is now valued at $ 31.1 billion.

The magazine also notes that the general condition of the 10 richest billionaires of the planet decreased by $ 76.4 billion over the week.


Experts estimate that Bernard Arnault, general manager of the French group of companies LVMH (Louis Vuitton Moet Hennessy), suffered a loss of $ 14 billion, the condition of the owner of the Spanish retail chain Zara, Amancio Ortega, decreased by $ 12.8 billion. The magazine notes that Amazon CEO Jeff Bezos, lost $ 6.4 billion, still managed to maintain leadership in the list of the world’s richest billionaires.

Earlier, the American edition of BuzzFeed published the Mask letter at its disposal for employees of its SpaceX company, according to which the American entrepreneur expressed the opinion that all data on the new type of coronavirus allows “not to classify it as one of the 100 most dangerous threats to the health of citizens of the United States.”

“For comparison: the risk of dying from a coronavirus is much less than from going home with your own car,” Musk added. On March 6, an entrepreneur on his Twitter page called the panic caused by the spread of the new coronavirus “stupid.”