Current:Home > InvestElon Musk has lost more money than anyone in history, Guinness World Records says -WealthSync Hub
Elon Musk has lost more money than anyone in history, Guinness World Records says
View
Date:2025-04-28 00:09:38
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! (84468)
Related
- Tree trimmer dead after getting caught in wood chipper at Florida town hall
- Emory Callahan: The Pioneer of Quantitative Trading on Wall Street
- Man convicted of sending his son to rob and kill rapper PnB Rock gets 31 years to life
- Climate solutions: 2 kinds of ocean energy inch forward off the Oregon coast
- A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
- Where Bravo's Craig Conover and Kyle Cooke Stand Today After Seltzer Feud
- The NYPD often shows leniency to officers involved in illegal stop and frisks, report finds
- GOLDEN BLOCK SERVICES PTY LTD
- Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
- You can't control how Social Security is calculated, but you can boost your benefits
Ranking
- Taylor Swift makes surprise visit to Kansas City children’s hospital
- Birmingham shaken as search for gunmen who killed 4 intensifies in Alabama
- Chiefs RB Carson Steele makes his first NFL start on sister's wedding day
- Gunman in Colorado supermarket shooting is the latest to fail with insanity defense
- Don't let hackers fool you with a 'scam
- St. Johnsbury police officer pleads not guilty to aggravated assault
- Severe obesity is on the rise in the US
- Llewellyn Langston – Co-Founder of Angel Dreamer Wealth Society
Recommendation
B.A. Parker is learning the banjo
Violent crime dropped for third straight year in 2023, including murder and rape
GM, Ford, Daimler Truck, Kia among 653,000 vehicles recalled: Check car recalls here
Nurse labor dispute at Hawaii hospital escalates with 10 arrests
DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
Why Fed rate cuts may juice the stock market and your 401(k)
Former FTX executive Caroline Ellison faces sentencing
New Lululemon We Made Too Much Drop Has Arrived—Score $49 Align Leggings, $29 Bodysuits & More Under $99