How wealthy are you when you can lose US$100 billion in net worth and still be the world’s richest person?.The answer is: Elon-Musk wealthy..According to the Bloomberg Billionaires Index, the decline in Musk’s worth is the biggest drop ever recorded by the index..But cry no Musk-a-tears for 51-year-old Elon, he’s still sitting on a fortune of US$169.8 billion, although that’s down from his net worth peak of US$340 billion last November, as reported by Business Insider..The big hit to his bank account comes from the decline in the value of Tesla shares, of which Musk has a 15% stake. .On Monday, a 6.84% drop in Tesla stock shaved US$8.6 billion off his balance sheet, taking Tesla shares down 58%, year to date..Tesla, along with Blue Chip and Big Tech stocks, has been under intense selling pressure this year on concerns of a recession and continued interest rate hikes by the US Federal Reserve..Investors have shown concern about China’s strict zero-COVID policy and how that will impact Tesla’s business in the country, as well as how Musk will balance his responsibilities to the electric vehicle maker with his shakeup at Twitter..Musk is still US$13 billion ahead of the world’s second richest person, Bernard Arnault, chairman of LVMH Moet Hennessy Louis Vuitton..In third spot is Amazon founder Jeff Bezos who is US$54 billion behind Musk, followed by Microsoft co-founder Bill Gates, who ‘trails’ Musk by US$57 billion..On Monday, Musk announced he's delaying a planned relaunch of the Twitter Blue subscription service, which would allow users to pay $8 a month for a verified badge..The delay will be enforced until there is “high confidence” in stopping impersonator accounts, said Musk. The faker accounts became a serious issue, marring the initial rollout of the service and triggering chaos on the platform..Alexandria Ocasio-Cortez, the Democratic socialist from New York, took a shot at Musk for the layoffs that have taken place at Twitter. ."Shout out to all the workers at Twitter. You all built a vital place for connection and deserved so much better. Millions of people appreciate the space you built and the hard work that went into it. Thank you," tweeted Ocasio-Cortez..Musk’s response was quick and short.."You’re welcome," he tweeted..On The Rubin Report, BlazeTV host Dave Rubin gave two thumbs up to the response.."He's getting good at this," said Rubin. "But Elon Musk has not come in and said I'm going to censor people on the left. He has not said I'm going to trample on anyone's free speech. He has said we are going to allow more voices here. He has said we are going to try to respect free speech a little more, and we're gonna be a little more upfront about our policies. Now who's that upsetting? Isn't this so interesting that it's upsetting to all the lefties?”.On Wednesday, Musk was cleaning out a few closets at the Twitter HQ in San Francisco when he came across some old ‘uniforms’ emblazoned with the slogan ‘Stay Woke.’.Musk posted the find on Twitter..The video drew comments from Musk followers:.“The social justice warriors even had their own adorable uniforms at Twitter.”.“Ewwwww They shed their skin when they left”.“Elon Musk could be chilling in a $100,000,000 mansion right now, getting massaged by 100 women, as a team of private chefs prepares him a 5-star meal! Instead @elonmusk is literally sleeping at Twitter HQ and working his butt off daily to improve the world.”
