Elon Musk, a billionaire, has lost $9 billion in value.

According to the Bloomberg Billionaires Index, billionaire Elon Musk's net worth has decreased by approximately $9 billion since he took control of Twitter on October 28.Since the beginning of 2022, Musk's net worth has decreased by nearly 25% to $203 billion, or 25%.However, Musk is still the richest person in the world, surpassing Bernard Arnault, the second richest person in the world, by approximately $65 billion.
Elon Musk attempted a number of changes to the platform following his takeover, including plans to charge users $20 to keep their verification badges active.

"Somehow we have to pay the bills!Advertisers are not entirely sufficient for Twitter.What about eight dollars?In response to Stephen King's criticism of the planned move, Elon Musk tweeted.
He later confirmed on Monday that a Twitter blue tick will set you back $8 per month and called the current verification system on the platform "bulls."
The Tesla tycoon fired CEO Parag Agrawal, chief financial officer Ned Segal, head of legal policy, trust, and safety Vijaya Gadde, and general counsel Sean Edgett within hours of purchasing the company on Thursday.He also made himself "sole director" and disbanded Twitter's board.