The world's three big billionaires have collectively lost $100 billion this year alone. According to reports, the past few months have not been easy for them and the Tesla boss has lost $46.4bn over the past few months alone, while Bezos' fortune has fallen by $53.2bn. Gates, however, has come off quite lightly in comparison, losing just $15.1bn in the same period. In total, the loss has been $114.7bn.
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Jeff Bezos, Elon Musk, and Bill Gates are known as the world's richest men, but it seems like the past five months have been rough on them too.
According to reports, the trio has lost over $100 billion this year collectively.
Bloomberg's Billionaire Index shows how well the world's richest people are doing at any one time, tracking the stock market to calculate their net worth.
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As per the website's latest list, the Tesla owner has lost $46.4bn over the past few months alone, while Bezos' fortune has fallen by $53.2bn.
Gates, however, has come off quite lightly in comparison, losing just $15.1bn in the same period.
In total, $114.7 billion went down the pan.
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This loss for Musk means that his wealth stands at $224bn and the former Amazon chief has $139bn.
And Gates, who is the fourth wealthiest person in the world, is still worth $123bn.
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Reports also suggest that a big chunk of Musk's wealth disappeared following allegations of sexual misconduct that were made against him that emerged earlier this month.
It was reported days ago that Musk-founded aerospace firm SpaceX paid $250,000 to a flight attendant in 2018 to settle a sexual misconduct claim against Musk, who is the world’s wealthiest man.
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Following the allegations, on May 19, Musk was worth approximately $212 billion, but by that evening his wealth had dropped to around $201 billion.
The colossal reduction was reported by Insider, which pointed to figures on the Bloomberg Billionaires Index.
As per the outlet, even though Musk owns 47% of SpaceX shares that had a value of some $125 bn a few weeks ago, the stocks of electric car company Tesla, of which Musk is CEO, have more impact on his wealth.
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When Insider reported the allegations facing Musk, Tesla's share price tanked 6.4 percent.
Tesla owner, Musk was accused of sexually harassing a flight attendant, after she accused the business mogul of exposing his erect penis to her, rubbing her leg without consent, and offering to buy her a horse in exchange for an erotic massage.
However, Musk quickly rubbished the rumors on social media, tweeting: “For the record, those wild accusations are utterly untrue."
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He also told Insider the story was a ‘politically motivated hit piece’ when the outlet approached him for comment.
Musk wrote: "If I were inclined to engage in sexual harassment, this is unlikely to be the first time in my entire 30-year career that it comes to light."
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