Musk's Net Worth Shrinks by $27 Billion, Still the World's Richest

Elon Musk experienced one of the darkest days in his personal finances, with his net worth shrinking by about $27 billion. According to the Forbes Real Time Billionaires List, as of the close of trading on Thursday, the Tesla and SpaceX boss remains the world's richest person, with an estimated net worth of approximately $388 billion. His net worth still far exceeds that of the second-ranked Mark Zuckerberg ($236.3 billion) and is significantly higher than President Trump, whose net worth is estimated at $5.4 billion, ranking 689th on the Forbes list.