Musk's net worth has shrunk by $27 billion, but he is still the world's richest man

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According to ChainCatcher, Elon Musk experienced one of his most financially dark days, with his net worth shrinking by approximately $27 billion.

Based on the Forbes Real Time Billionaires List, as of the market close on Thursday, the owner of Tesla and SpaceX remains the world's richest person, with an estimated net worth of around $388 billion. His net worth still far exceeds that of Mark Zuckerberg, who ranks second with $236.3 billion, and is significantly higher than President Trump, whose estimated net worth is $5.4 billion, ranking 689th on the Forbes list.

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