Elon Musk loses more money than Gates and Bezos

Billionaire Elon Musk’s net worth continues to plummet, surpassing the amount of money both Bill Gates and Jeff Bezos lost in 2022.

Like Tesla shares (TSLA) – Get a free reportThe electric car company of which he is CEO, Musk also saw his net worth fall by $103 billion year-to-date as of Dec. 12, according to the Bloomberg Billionaires Index.

Bill Gates, the former CEO of Microsoft, lost $23.5 billion of his net worth while Jeff Bezos, the founder of Amazon AMZN, saw his fortune decline by $78.6 billion. The two tech moguls lost a combined $102.1 billion.

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