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The Wall Avenue Journal has yet another story this morning about Elon Musk’s drug use —“ketamine recreationally by way of a nasal spray bottle,” “ecstasy from a water bottle,” amongst different substances and supply strategies—this time regarding how he does them with board members of his varied corporations, a few of whom have amassed very helpful inventory choices of their time there. (Musk didn’t remark to the Journal for its story.) A few of them are fearful that Musk goes to tank the worth of these corporations, however they’re scared to talk up as a result of they don’t wish to get on his unhealthy facet.
Talking of inauspicious issues to swallow, Tesla inventory is worth a lot less than it was once, even when “was once” is “two or three weeks in the past.” Due to that, Musk’s private fortune has additionally shrunken by fairly a bit.
The Bloomberg Billionaires Index means that Musk has misplaced greater than $24 billion this 12 months. Even after a decide mentioned the corporate paid him too much, Tesla inventory is the most important supply of his wealth. It’s down almost 28% for the 12 months already, beset by a variety of woes, together with a lot of recollects and stiffer competitors within the electrical car market.
One way or the other, Musk remains to be the richest man on this planet, in response to Bloomberg’s calculations, value some $205 billion. If all his evaporated wealth got to at least one individual, they’d be wealthy sufficient for the No. 72 spot on the index, between Swiss prescription drugs inheritor Ernesto Bertarelli and Fb co-founder Dustin Moskovitz.
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