Gbetu TV (News They Are Not Talking About)
Tesla boss and Twitter owner, Elon Musk, on Wednesday, lost the world’s richest title to Bernard Arnault after a steep drop in the value of his stake in the electric-car maker and a $44 billion bet on the social media firm.
Tesla’s shares fell about 4 per cent in morning trading on Wednesday, 7th of December 2022.
This is coming months after Musk sold Tesla stocks to fund the $44 billion purchase of Twitter.
According to Forbes, Bernard Arnault, who is the founder of the world’s largest luxury goods company, LVMH Moët Hennessy – Louis Vuitton SE, took the ‘world richest’ title with a personal wealth of $185.4 billion.
Elon Musk took over the World’s Richest title from Jeff Bezos, the founder of Amazon.com, in 2021, with a net worth of $185.7 billion.
Tesla lost nearly half of its market value, and Musk’s net worth has dropped by about $70 billion since he bid for Twitter in April.
Ye, formerly known as Kanye West, appears to have confirmed reports that he's set to launch an adult entertainment site.…
In the bustling heart of Lagos, 58-year-old Emeka Joshua, a retired teacher, stands at the counter of a local pharmacy.…
Can Kids Drink Poppi, Olipop, & Other Prebiotic Sodas? Green powders, gummy vitamins for every aspect of our health, and…
Is it true that drinking soy milk can make a man’s breasts to enlarge or grow bigger? The idea is…
A Cardiologist, Dr Kayode Atoyebi, has said that listening to music at bedtime is important and beneficial to the heart.…
China Aerospace Science and Technology Corp, the country's major space contractor, conducted on Sunday a major test on a new…