Elon Musk has lost $350 billion, about £264 billion, in a week after SpaceX shares fell nearly 30% from last Tuesday’s peak.
Forbes reported the world’s richest man’s net worth dropped from $1.45 trillion to just under $1.1 trillion following the decline.
The drop exceeds the total wealth of the world’s second-richest person, Larry Page, whose fortune Forbes estimates at just over $299 billion.
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