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Tesla CEO Elon Musk Not the Richest Man Anymore After Bitcoin Tweet Cost Him $15 Billion Loss

23 February 2021, 8:51 am EST By Elon Musk drops to second richest man in the world behind Jeff Bezos after his tweet about Bitcoin.  ( Maja Hitij/Getty Images ) Last January, Elon Musk became an icon of fame, technology, and money among all entrepreneurs following his title of becoming the world s richest man. This time, a single tweet dropped his title to the second spot, and it cost him a $15 billion loss in his net worth as Tesla shares declined at 8.6%. What Happened to Elon Musk After His Tweet As per Bloomberg Billionaires Index, Tesla CEO Elon Musk is now the second richest man in the world behind Jeff Bezos. The 57-year-old former Amazon CEO announced earlier this month that he will step down in his post for Andy Jassy, which will take place in the second half of 2021.

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