According to “Forbes,” Musk's wealth shrunk by 363 billion US dollars in a single month in July, setting a record. This decline has even surpassed the total net worth of any of the 2nd to 10th richest people in the world. As of 00:00 EST on August 1, the net worth of second-place Larry Page increased slightly by 1 billion US dollars, to about 292 billion US dollars; while Musk's net worth was about 690 billion US dollars, the lowest level since December last year.

According to “Forbes,” Musk's wealth shrunk by 363 billion US dollars in a single month in July, setting a record. This decline has even surpassed the total net worth of any of the 2nd to 10th richest people in the world. As of 00:00 EST on August 1, the net worth of second-place Larry Page increased slightly by 1 billion US dollars, to about 292 billion US dollars; while Musk's net worth was about 690 billion US dollars, the lowest level since December last year.