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Musk loses $52b in personal wealth as Trump hits where it hurts

New York | Minute by minute, post by post, Elon Musk’s very public, extremely online feud with President Donald Trump sliced into his vaunted status as the world’s richest person.

The final damage at day’s end: $US34 billion ($52 billion) erased from his personal net worth, the second-largest loss ever in the history of the Bloomberg Billionaires Index of the 500 wealthiest people on the planet. The only bigger one: his own wipeout in November 2021.

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    Original URL: https://www.afr.com/world/north-america/musk-loses-52b-in-personal-wealth-as-trump-hits-where-it-hurts-20250606-p5m5e0