Current:Home > MyElon Musk has lost more money than anyone in history, Guinness World Records says -ProfitMasters Hub
Elon Musk has lost more money than anyone in history, Guinness World Records says
View
Date:2025-04-16 19:33:52
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! (367)
Related
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
- Why members of two of EPA's influential science advisory committees were let go
- SFO's new sensory room helps neurodivergent travelers fight flying jitters
- The Louvre will be renovated and the 'Mona Lisa' will have her own room
- Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
- Meta releases AI model to enhance Metaverse experience
- Nevada attorney general revives 2020 fake electors case
Ranking
- The Louvre will be renovated and the 'Mona Lisa' will have her own room
- Meet first time Grammy nominee Charley Crockett
- As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
- South Korean president's party divided over defiant martial law speech
- Tom Holland's New Venture Revealed
- Stamford Road collision sends motorcyclist flying; driver arrested
- Moving abroad can be expensive: These 5 countries will 'pay' you to move there
- 'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
Recommendation
Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
Former longtime South Carolina congressman John Spratt dies at 82
Stamford Road collision sends motorcyclist flying; driver arrested
Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
Arkansas State Police probe death of woman found after officer
As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
A South Texas lawmaker’s 15
Gen. Mark Milley's security detail and security clearance revoked, Pentagon says