Elon Musk loses $15.2 bln in a day after Bitcoin warning, Jeff Bezos overtakes him as world's richest person
- It was a bad day for Elon Musk on Monday, February, 22, as he lost $15.2 billion from his net worth
- Tesla shares slid 8.6% and made it possible for Amazon CEO Jeff Bezos to overtake Musk as world's richest person
- The net worth of the Tesla boss now stands at $183.4 billion
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The chief executive officer of Tesla, Elon Musk, has been overtaken by Amazon boss as the world's richest person.
According to Bloomberg, Tesla shares slid 8.6% on Monday, February 22, wiping $15.2 billion ) from Musk's net worth.
One of the reasons for the decline was Musk's comments over the weekend that the prices of Bitcoin and Ether "do seem high".
His message came two weeks after Tesla announced it bought $1.5 billion dollars worth of Bitcoin.
Source: UGC
Musk is now worth $183.4 billion while Bezos' net worth stands at $186.3 billion.
In a previous report by Legit.ng, Nigerian rapper Erigga was all over the moon as Musk reacted to his tweet.
On Friday, January 8, Erigga tweeted while interacting with his fans, asking them to choose between having dinner with Elon Musk or be given two Bitcoins.
The post generated a lot of reactions from his fans and followers.
The least person Erigga was expecting was Musk but he responded to the tweet. The business magnate reacted with a crying emoji.
In other news, Musk on Monday, March 9, 2020, told an audience at a Satellite 2020 conference in Washington DC that people do not need to attend college to learn stuff.
Musk made the statement when an audience member asked him about the necessity of college education at the conference.
The technology entrepreneur said he favours seeing whether somebody can work hard at something.
Musk noted that colleges are basically for fun and to prove you can do your chores, but they're not for learning.
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Source: YEN.com.gh
Nii Ayi Ayitey Nii Ayi Ayitey, aka Charles Ayitey, is an experienced journalist who covered Current Affairs news for Yen.com.gh from 2015-2021. He also worked for such companies as Multimedia Group Limited, Scooper, and Face2Face Africa. Nii Ayi Ayitey holds a Bachelor's degree in Communication and Media Studies from the Ghana Institute of Journalism (2015). Currently, he's studying at UC Berkeley Graduate School of Journalism.
Aba Afful (Copyeditor) Maame Aba serves as a copy editor at YEN.com.gh. She naturally enjoys working with words and has an eye for quality content. She has a keen interest in cyberspace and wants to see YEN.com.gh produce more impactful, thought-provoking, and error-free content. Aba has five years of experience as a content writer, blogger, author, and proofreader. She graduated from the Ghana Institute of Journalism in 2017. She joined the team in 2021.
