New Delhi: US stock markets once again witnessed a massive sell-off on Thursday. Shares of giants like Tesla, Google (Alphabet Inc.), Facebook (Meta) and Amazon fell sharply. In this rout, $ 13.3 (about Rs 1,08,587 crore) of the world’s most richest person, Elon Musk endured a huge loss. Besides this, Jeff Bezos suffered a setback of $ 3.22 billion.
The Dow Jones, most sensitive index of the US stock market, closed at 29225 points with a dive of 1.54 percent or 458 points. At the same time, Nasdaq fell by 2.84 percent and closed at the level of 10737. Whereas, the S&P 500 lost 2.11 percent. Its effect was that shares of Elon Musk’s Tesla fell 6.81 percent. This caused them a loss of $13.3 billion in a single day.
At the same time, Jeff Bezos’s Amazon shares fell 2.72 percent. Because of this, his total wealth was dented by $3.22 billion. Shares of Facebook i.e. Meta Platform also fell by 3.67 percent. Mark Zuckerberg’s wealth decreased by $ 1.82 billion.
Elon Musk’s net worth, who has lost $30.3 billion so far this year, is now $240 billion. Despite this, Musk remains the world’s richest person on the Bloomberg Billionaires Index.
Among the top 10 rich, Jeff Bezos, who lost about $ 55 billion in wealth this year, is second with $ 138 billion. At the same time, Bernard Arnault, who lost a total of $ 48 billion so far, is in third place with $ 129 billion.
