Billionaire Elon Musk’s wealth has dropped below USD200 billion after Tesla shares plummetted to their lowest in 11 months.
According to Business Insider, the tech mogul’s net worth fell by USD10 billion in just one day last Thursday when news broke of an alleged sexual misconduct settlement.
An Insider report indicated that Musk’s SpaceX company paid a flight attendant USD250,000 in 2018 after the billionaire allegedly exposed himself to her and propositioned her for sex.
Musk’s net worth stands at $193 billion, as of May 25, according to the Bloomberg Billionaires Index, which means that Musk had lost USD77.6 billion of his wealth since the start of the year.
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