Current:Home > MyElon Musk has lost more money than anyone in history, Guinness World Records says -AssetVision
Elon Musk has lost more money than anyone in history, Guinness World Records says
View
Date:2025-04-15 23:10:38
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! (3994)
Related
- Highlights from Trump’s interview with Time magazine
- Texas man died while hiking Grand Canyon, at least fourth at National Park in 2024
- Al Sharpton to deliver eulogy for Black man who died after being held down by Milwaukee hotel guards
- Big Lots to close up to 40 stores, and its survival is in doubt
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- Albertsons, Kroger release list of stores to be sold in merger. See the full list
- Suspected carjacker shot by U.S. Marshal outside home of Justice Sonia Sotomayor last week
- Cavers exploring in western Virginia rescue ‘miracle’ dog found 40 to 50 feet down in cave
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- EPA says more fish data needed to assess $1.7B Hudson River cleanup
Ranking
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- Gen Z is experiencing 'tattoo regret.' Social media may be to blame.
- What is THC? Answering the questions you were too embarrassed to ask.
- Is Mercury in retrograde right now? Here's what the planetary shift means for you.
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Eric Roberts 'can't talk about' sister Julia Roberts and daughter Emma Roberts
- BBC Journalist’s Wife and 2 Daughters Shot Dead in Crossbow Attack
- Russia issues arrest warrant for Yulia Navalnaya, widow of Alexey Navalny
Recommendation
Meet first time Grammy nominee Charley Crockett
Euro 2024: England plays the Netherlands aiming for back-to-back European finals
Who starts and who stars for the Olympic men's basketball team?
Arkansas couple charged with murder after toddler left in a hot vehicle dies, police say
Global Warming Set the Stage for Los Angeles Fires
Booted out of NBA, former player Jontay Porter due in court in betting case
KTLA news anchor Sam Rubin's cause of death revealed
Lindsay Hubbard Defends Boyfriend's Privacy Amid Rumors About His Identity