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Why do fortunes go up and down?

Billionaire fortunes are rarely static. They fluctuate constantly, mainly because the value of their company shares changes with market sentiment and company performance. Elon Musk's wealth dropped by hundreds of billions when SpaceX's stock fell, showing how quickly these valuations can shift based on investor confidence and economic factors.

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Elon Musk's fortune reached $895 billion, growing $237 billion this year

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