Current:Home > ScamsElon Musk has lost more money than anyone in history, Guinness World Records says -WealthX
Elon Musk has lost more money than anyone in history, Guinness World Records says
Will Sage Astor View
Date:2025-04-07 17:50:12
Tesla CEO Elon Musk has broken a record for the largest amount of money lost by one person, according to Guinness World Records.
Musk lost between $180 billion and $200 billion since November 2021, largely due to the poor performance of Tesla stocks in recent years, according to the report.
His fortune went from about $320 billion in 2021 to its current level of about $147 billion. Still, Musk remains the second-richest person in the world, behind Bernard Arnault, the CEO of luxury goods conglomerate LVMH, according to numbers by Forbes.
Despite Tesla setting new sales records in 2022 (it grew deliveries by 40% from the previous year), the stock lost 65% of its value in 2022, due to competitors.
The previous record for the most money lost by one person was $58.6 billion, set by Japanese tech investor Masayoshi Son in 2000, according to the Guinness report.
veryGood! (5)
Related
- The company planning a successor to Concorde makes its first supersonic test
- Below Deck's Tyler Walker Shares Difficult Experience of Finally Coming Out to His Parents
- Miley Cyrus and Boyfriend Maxx Morando Make Rare Appearance Together at Fashion Show
- Megan Fox Debuts Fiery New Look in Risqué Appearance at Oscars 2023 After-Party
- Nevada attorney general revives 2020 fake electors case
- The Conglomerate Paradox: As GE splinters, Facebook becomes Meta
- What The Ruling In The Epic Games V. Apple Lawsuit Means For iPhone Users
- Facebook rapist who escaped prison by faking death with help from guards is brought back to South Africa
- Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
- See Ryan Seacrest Crash Kelly Ripa and Mark Consuelos’ Oscars 2023 Date Night
Ranking
- Highlights from Trump’s interview with Time magazine
- What Sen. Blumenthal's 'finsta' flub says about Congress' grasp of Big Tech
- Facebook scraps ad targeting based on politics, race and other 'sensitive' topics
- Air France and Airbus acquitted of involuntary manslaughter in 2009 crash of Flight 447 from Brazil to Paris
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Get Cozy During National Sleep Week With These Pajamas, Blankets, Eye Masks & More
- Here are 4 key points from the Facebook whistleblower's testimony on Capitol Hill
- In this case, politics is a (video) game
Recommendation
The White House is cracking down on overdraft fees
Self-driving Waymo cars gather in a San Francisco neighborhood, confusing residents
A drone company is working to airlift dogs stranded by the volcano in La Palma
Social media misinformation stokes a worsening civil war in Ethiopia
Moving abroad can be expensive: These 5 countries will 'pay' you to move there
Oscars 2023: Colin Farrell and 13-Year-Old Son Henry Twin on Red Carpet
Couple beheaded themselves with homemade guillotine in ritual sacrifice, police in India say
Ordering food on an app is easy. Delivering it could mean injury and theft