Elon Musk richest

Money makes money and these 10 people have made a lot of it over the years. And by a lot, we mean a LOT! Photo: Ryan Lash / TED Conferences, LLC / AFP

Richest list | Elon Musk lost R275 BILLION in last 24 hours: The scary numbers

South Africa-born Elon Musk lost a staggering $15.5 billion from his total net worth on Tuesday, dropping his wealth to $223 billion.

Elon Musk richest

Money makes money and these 10 people have made a lot of it over the years. And by a lot, we mean a LOT! Photo: Ryan Lash / TED Conferences, LLC / AFP

South Africa-born Elon Musk lost a staggering $15.5 billion (R275 billion)* from his total net worth on Tuesday, dropping his wealth to $223 billion – give or take a few cents.

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One wonders whether the 51-old-year is concerned he’s now ‘lost’ nearly $48 billion in 2022 to date!

Elon Musk’s lead over second-placed Jeff Bezos has shrunk to $84 billion in recent days.

The Bloomberg Billionaires Index is a daily ranking of the world’s richest people.

The figures are updated at the close of every trading day in New York.

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*Calculated at an exchange rate of R17.76/$

Below, the Top 10 richest people in the world as at the close of business on 3 October 2022.