Billionaires' Club Losers: Musk's Wealth Plunges by $209 Billion
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World
March 14, 2025 05:30
usa - Trump's economic policies lead to massive losses for world's wealthiest, with Elon Musk hit hardest. Tech giants suffer significant setbacks.
Elon Musk's Massive Loss
Elon Musk leads the list of billionaires losing a total of $209 billion since Trump's presidency began.
Reasons for Musk's Loss:
- Tesla's falling stock prices
- Investor concerns
- Decreased sales in key markets
Tech Giants Affected
Jeff Bezos, Larry Ellison, Michael Dell, Larry Page, Sergey Brin, Mark Zuckerberg, and Bernard Arnault also suffer significant losses due to recent policies.