Elon Musk loses $ 6.5 billion out of a day, presently isn't world's second most extravagant individual

The Tesla CEO, Elon Musk has tumbled to the third spot in the rundown of the Forbes very rich person rankings after a critical fall in Tesla shares as of late. The very rich person lost near $6.2 billion before the day's over on Wednesday. 

Musk's general abundance has tumbled down sensational since January when the Tesla CEO was esteemed at around $197 billion and after the sequential fall inside the most recent couple of weeks, Musk is currently esteemed at $150.900 billion, according to Forbes' ongoing extremely rich person's rundown. 

(Likewise Read: Once youthful Elon Musk's PC test scores were so high, he must be retested) 

While Amazon's CEO Jeff Bezos has all the earmarks of being resolute at the main situation at $175.4 billion, the subsequent spot has now been guaranteed by the French tycoon Bernard Arnault who is the proprietor combination LVMH , with a fortune of $ 155.600 billion. For the record, the LVMH bunch envelops more than 70 extravagance brands including Fendi, Givenchy, Louis Vuitton, Christian Dior, Marc Jacobs, Fenty Beauty, Bvlgari, Tiffany and Co. also, Sephora. 

In February, the Tesla CEO lost about $15.2 billion out of a day when Tesla shares saw an emotional fall of 25%, at that point, Musk's fortune was esteemed at $ 166.1 billion. The fall was likewise supposed to be somewhat energized by Musk's tweet. This fall pushed the 49-year old very rich person to the second situation in the rundown of the world's most affluent individuals. 

(Likewise Read: Volkswagen CEO tweets, Elon Musk-style, on market-cap achievement) 

Abandons saying the fall and ascent of Tesla offers (and Musk's total assets) is just a short time since this is typical conduct for the financial exchange. Consequently, Tesla offers may bounce back in the days to come, powering Musk's fortune once more, yet until further notice, he should give the crown to another very rich person.