đŒ Musk Leads the Billionaire List
Even after a big drop in Tesla's stock, Elon Musk is still the richest man in the world.
đ° Muskâs net worth: $393.8 billion (KSh 50.9 trillion)
He owns Tesla, SpaceX, X (Twitter), xAI, and more
đ How Much Did Musk Lose?
Teslaâs stock dropped after Musk had a public argument with U.S. President Donald Trump.
đ Loss: $26.7 billion (KSh 3.5 trillion)
đ Tesla shares fell 14% to $285 (KSh 36,823) on June 5
This is the lowest Tesla price in 4 weeks
The stock is now 40% below its high from December 2024
â ïž Trump vs. Musk
Trump threatened to cancel U.S. government contracts and subsidies to Muskâs companies
Tesla and SpaceX get support for electric vehicles and space projects
Musk responded by threatening to pause SpaceX manned missions
đ Who Is Africaâs Richest Person?
đłđŹ Aliko Dangote (Nigeria) remains Africaâs richest man
đ° Net worth: $23.9 billion (KSh 3.09 trillion) as of March 2025
Africaâs economy is expected to grow:
đ 3.4% in 2024
đ 3.7% in 2025
đ 4.0% in 2026
Driven by industries like manufacturing
â Summary
Elon Musk stays on top of the world's richest list, even after losing KSh 3.5T
A feud with Donald Trump hit Tesla stock
Africaâs richest man, Aliko Dangote, continues to lead the continent
