The drop comes as the stock market flirts with its first bear market since the beginning of the pandemic. Mr. Musk, Tesla Inc chief executive and the world's richest man, currently has a net worth of $201 billion. On paper, he has lost $69.1 billion so far this year, the most of any billionaire currently on the top 50 list, according to the index. Mr. Bezos still has a net worth of $131 billion and Mr. Arnault is worth $123 billion. Microsoft Corp co-founder Bill Gates is currently worth $116 billion but has lost $21.7 billion in wealth this year.

Source: Bangkok Post May 25, 2022 04:50 UTC