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    New Naira Notes Scarcity: Workers’ January Salary Hang in Banks

    FG unveils Road Map on Ageing

    Stakeholders brainstorm on improving Nigeria’s energy transition plan

    Banks Will Accept Old Notes Sfter Deadline – Emefiele Tells Reps

    Peace Corps Train Officers Ahead Of Buhari’s Assent To Bill

    Brighton beat holders Liverpool 2-1 in FA Cup

    Brighton beat holders Liverpool 2-1 in FA Cup

    Osimhen scores as Napoli defeat Roma 2-1

    Osimhen scores as Napoli defeat Roma 2-1

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Elon Musk becomes first person in history to lose $200b

January 1, 2023

Billionaire Elon Musk, formerly the richest man in the world, has broken a new record as the first person in history to lose $200 billion.

According to the Bloomberg Billionaire’s Index, the Tesla founder and Twitter owner lost $200 billion off his net worth. It was gathered that Musk’s wealth plummeted to $137 billion following the decline in Tesla shares in recent week. This includes a massive 11 per cent fall in Tesla shares on December 27.

Tesla is now offering consumers in the United States a $7,500 discount for its two highest-volume models before year-end. Recall Musk’s fortune topped at $340 billion in November 2021. On the back of this, he was the world’s richest person for more than a year at a stretch.

The new Twitter owner was then overtaken this month by Bernard Arnault, the French business magnate and co-founder of luxury goods powerhouse LVMH.

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Emem Unwana

Emem Unwana

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