💨 Abstract

South Africa-born billionaire Elon Musk has lost $143 billion in 2025, with a daily loss of $1.44 billion or R28.5 billion due to a rift with U.S. President Donald Trump over trade tariffs, especially affecting Tesla's quarterly sales. Musk still ranks as the world's second-richest person with a net worth of $290 billion.

Courtesy: www.thesouthafrican.com

Summarized by Einstein Beta 🤖