Even after losing $50 billion in a day, US billionaire Elon Musk still retains the title of the world’s richest man, surpassing Jeff Bezos who is ranking second in the list. Elon Musk’s fortune plunged by $50 billion after Tesla shares slid by more than 16%. Yet, this could not knock Elon Musk off the top spot in the billionaires’ ranking. Earlier, such a decline in Tesla stock value would have sent him below the top three wealthiest people on earth. This time, however, the genius entrepreneur still outpaces Amazon founder Jeff Bezos by $100 billion in terms of personal wealth. Thus, Elon Musk’s net worth is estimated at $323 billion, while Jeff Bezos’ fortune amounts to $201 billion. A steep loss in the value of Tesla stock came right after Elon Musk had posted a poll on Twitter asking whether he should sell 10% of his stake in the company. The majority of respondents voted in favor of the share sale. In particular, 57.9% of followers supported the idea of selling stock, while 42.1% voted against it. Earlier, the owner of the electric-car maker tweeted that “much is made lately of unrealized gains being a means of tax avoidance,” so he decided to sell part of his stock to be able to pay taxes.
