Elon Musk is the first person in history to lose $200 billion. His current net worth of $132 billion is 64% below his peak net worth of $340 billion.
But before you start a GoFundMe for Elon, check this out.
He could lose $339 billion, or 99.7% of his net worth, and still be a billionaire—a mindbogglingly large amount of money that’s hard to comprehend.
But let’s try to put it in perspective. Today, risk-free 20-year Treasury bonds are yielding around 4%.
If you put $1 billion into those Treasuries, you’d make around $40 million per year. Even after taxes, you’d be pulling in $25 million annually, or $69,000 per day—risk-free for decades.
That’s just with $1 billion!