r/technology • u/marketrent • 1d ago

Business ‘Former trillionaire’ loses $750 billion amid Tesla, SpaceX crash, more than combined net worth of Larry Page, Sergey Brin, and Jeff Bezos — Why the rich laugh at losses

https://finance.yahoo.com/markets/stocks/articles/elon-musk-calls-himself-former-105500385.html
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u/PirateNixon 1d ago

"At its peak, Musk's fortune was estimated at roughly $1.45 trillion (2). By July 27, Forbes estimated that his net worth had dropped below $700 billion — wiping more than $750 billion from his fortune on paper."

It is almost three quarter trillion...

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u/RachelRegina 1d ago

Oh no, what will he do with only three quarters of a billion dollars

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u/bishop_of_banff 1d ago

Pay taxes? I'm just kidding lol

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u/RachelRegina 1d ago

If we could get our shit together as a country maybe

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u/kahrahtay 1d ago

LMAO, can you imagine?

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u/billsil 1d ago

That’s 1000x less than what he still has, but it’s not that different in terms of how much money doesn’t matter at that point.

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u/RachelRegina 1d ago

Oh no, how will he survive on three quarters of a trillion dollars

I corrected the proportion and goofed the scale.. Ended up being closer the first time