Elon Musk is no longer the richest person in the world.
The 51-year-old Twitter CEO previously held the position, but someone else has just taken his place.
Elon Musk‘s net worth is currently at $178.6 billion, according to Forbes. Before moving down to No. 2, he was worth around $184 billion.
His drop in net worth is due to Tesla stock dropping by 6% on Monday (December 12), according to Nasdaq.
Tesla stock has gone down 58% since the beginning of the year. He sold nearly $7 billion worth of Tesla shares in August to get his finances together to buy Twitter, which has reportedly frustrated some shareholders.
Find out who is now the most richest man in the world, and who’s now in the Top 5…