Elon Musk lost more than Rs 2496380000000 in 2024 so far, his current net worth is…

Elon Musk is currently the second richest man in the world right now as per Forbes. He is spearheading a few of the biggest companies in the world right now including Tesla, SpaceX and more. Often in the news for his business deal and controversial statements, Elon Musk reportedly lost a massive chunk of his net worth in the first half of 2024. As mentioned in a report by Hindustan Times citing Forbes’ estimates, Elon Musk lost more than Rs 249638 crore when it comes to net worth. His current net worth stands at Rs 1628410 crore.

If you look at Elon Musk’s net worth, it fell from 251.3 billion dollars to 221.4 billion dollars from December 31, 2023 to June 28, 2024. As per Forbes, the drop in Musk’s net worth is more than any other billionaire around the globe.

Recently, Tesla stockholders overwhelmingly approved the $56 billion pay package (now valued at $44.9 billion) for the company's CEO Elon Musk, along with reincorporating the electric vehicle company in the US state of Texas, moving it from Delaware. The Tesla board won approval for Musk's 2018 pay package with 73 per cent of the vote, according to the company.

The company last valued Musk's package at $44.9 billion (Rs 375116 crore)as Tesla's stock has nosedived by nearly 25 per cent this year.