Interviewtimes 
Tesla and SpaceX CEO Elon Musk has slipped to third spot in the Forbes Real-Time Billionaires list. Two weeks ago, Moscow topped the list of the world’s richest people.
Shares of Elon Musk’s company have fallen sharply this week. He lost $ 27 billion a week, while the market cap fell. Musk has also come down as Elon Musk’s company Shares fell to the 100 list in the week ending Friday.
Now in place of Musk, French businessman Bernard Arnold has become the world’s second richest man. Last year, in 2020 Tesla’s share price rose to 743 percent. As a result, Musk’s wealth also increased. As a result, in January 2021, Elon Musk moved up to No. 1 spot, beating the world’s richest man, Jeff Bezos. Elon Musk’s net worth was estimated at $ 210 billion in January. His net worth has now dropped by $ 6.2 billion.
Bitcoin also has a major role behind Musk’s sudden downfall. As Tesla’s share price rose in the market, Elon Musk’s Bitcoin investment made it even richer. Elon Musk recently announced that he had invested $ 1.5 billion in Bitcoin. Two weeks later, the decline in the price of Bitcoin cost him a whopping downfall of$ 15 billion.
